Less Ads, More Data, More Tools Register for FREE

FTSE 250 movers: Telecom Plus surges after strong first half

Tue, 08th Oct 2013 15:54
The share price of Telecom Plus surged on Tuesday afternoon after the utility services company reported that growth accelerated strongly in the first half. The firm said that customer numbers jumped by 50 per cent in the six months to September 30th, as it guided to a record full-year performance. Finncap upgraded the stock to 'buy' today.Ocado was another strong riser as the stock continues to set new highs following its incredible performance so far this year. In 2013 alone, the share price has rocketed by nearly 425%. Retailers Dixons Retail, Home Retail, Debenhams and Ted Baker were all in the red on Tuesday afternoon after the British Retail Consortium revealed that like-for-like sales growth fell to an annual rise of 0.7% last month, from 1.8% the month before as the unusually warm weather in September stifled sales of autumn and winter clothing, while grocery sales fell as supermarkets cut prices to lure shoppers.UK food producer Cranswick was extending losses after yesterday warning that pig prices reached a record high during its first half. The firm guided to flat operating profits year-on-year in for the first six months as due to these higher input costs, along with the start-up expenses of its pastry business.FTSE 250 - RisersTelecom Plus (TEP) 1,359.00p +9.60%Ocado Group (OCDO) 457.20p +6.65%Rank Group (RNK) 157.60p +3.07%Bank of Georgia Holdings (BGEO) 2,105.00p +2.93%Fisher (James) & Sons (FSJ) 1,100.00p +2.52%Perform Group (PER) 552.50p +2.31%African Barrick Gold (ABG) 155.30p +2.24%St. Modwen Properties (SMP) 315.90p +2.23%Computacenter (CCC) 534.00p +2.20%Evraz (EVR) 128.00p +2.07%FTSE 250 - FallersDixons Retail (DXNS) 44.97p -3.25%Imagination Technologies Group (IMG) 279.70p -3.05%Thomas Cook Group (TCG) 144.90p -2.69%Cranswick (CWK) 1,069.00p -2.46%Keller Group (KLR) 946.50p -2.42%BH Macro Ltd. EUR Shares (BHME) € 20.12 -2.33%Homeserve (HSV) 251.20p -2.22%Afren (AFR) 135.60p -2.09%Wetherspoon (J.D.) (JDW) 713.00p -1.99%Wood Group (John) (WG.) 767.00p -1.98%BC Cranswick Ocado Telecom Plus Home Reit

Shares in this article

Related News

LONDON MARKET CLOSE: Pound holds firm as PM Starmer says to stand down
10 hours ago

LONDON MARKET CLOSE: Pound holds firm as PM Starmer says to stand down

(Alliance News) - The FTSE 100 rose on Monday, and the pound made headway, as UK Prime Minister Keir Starmer confirmed he was stepping down and as tal...

Forex Barclays + 12 more shares
WINNERS & LOSERS: easyJet rebuffs third "opportunistic" Castlelake bid
16 hours ago

WINNERS & LOSERS: easyJet rebuffs third "opportunistic" Castlelake bid

(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Monday.

IN BRIEF: Ocado confirms looking for successor to CEO Tim Steiner
18 hours ago

IN BRIEF: Ocado confirms looking for successor to CEO Tim Steiner

Ocado Group PLC - Hatfield, Hertfordshire-based grocer and warehouse technology firm - Confirms that Chief Executive Officer Tim Steiner and the board...