News

CATEGORY: RISERS AND FALLERS

FTSE 250 movers: Games Workshop rallies on update; Elementis slumps

Tue 14 Jan 2020

LONDON (SHARECAST) - (Sharecast News) - London's FTSE 250 was up 0.2% at 21,764.30 in afternoon trade on Tuesday.
Miniature wargames manufacturer Games Workshop rallied as it hailed record first-half results and said trading in December was in line with expectations. In the six months to 1 December 2019, pre-tax profit increased to 58.6m from 40.8m on revenue of 148.4m, up from 125.2m in the first half of the previous year. Revenue was up across all of the company's segments.

Builders' merchant Grafton advanced after it reported better-than-expected trading conditions in November and December despite a weaker UK market. The group said it now expects to report full-year adjusted operating profit of around 202m and 190m on a pre-IFRS 16 basis for its continuing operations.

Dixons Carphone was boosted by an upgrade to 'buy' at Goldman Sachs while recruiter PageGroup rose after backing its full-year guidance but saying the outlook remains tough.

Going the other way, specialty chemicals company Elementis tumbled after it warned on profits following a "subdued" final quarter of the year.

Centamin was also in the red after Canada's Endeavour Mining said it had ended takeover talks with the London-listed gold miner after deciding not to make an offer.

Endeavour said the quality of information received during the accelerated due diligence process had been "insufficient" to allow the company to be "confident that proceeding with a firm offer would have been in the best interests" of its shareholders.

For its part, Centamin said in a statement that the offer "materially undervalued" the business and its prospects.

FTSE 250 - Risers

Games Workshop Group (GAW) 6,800.00p 6.67%
Grafton Group Units (GFTU) 908.00p 5.83%
Dixons Carphone (DC.) 144.40p 4.26%
Finablr (FIN) 132.20p 4.09%
Frasers Group (FRAS) 517.00p 4.02%
Pagegroup (PAGE) 482.60p 3.08%
FirstGroup (FGP) 126.60p 2.84%
SIG (SHI) 95.65p 2.52%
Vistry Group (VTY) 1,317.00p 2.49%
Ashmore Group (ASHM) 543.00p 2.45%

FTSE 250 - Fallers

Elementis (ELM) 143.10p -13.11%
Centamin (DI) (CEY) 116.60p -8.33%
Tullow Oil (TLW) 58.94p -5.39%
Hunting (HTG) 380.20p -3.75%
Hochschild Mining (HOC) 164.10p -3.41%
Sanne Group (SNN) 610.00p -3.17%
Fresnillo (FRES) 600.60p -2.97%
Lancashire Holdings Limited (LRE) 749.50p -2.79%
Spirent Communications (SPT) 227.00p -2.78%
Savills (SVS) 1,199.00p -2.68%
 
Archived Stories

24 Jan FTSE 250 movers: Virgin Money rises; Marston's fizzes lower
24 Jan FTSE 100 movers: Auto Trader rallies on broker note; NMC Health slumps again
23 Jan FTSE 250 movers: Renishaw lifted by upgrade; Kaz Minerals in the red
23 Jan FTSE 100 movers: Miners slump; Rightmove boosted by upgrade
22 Jan FTSE 250 movers: IP rallies; Close Brothers slumps on update



www.bolsamania.com www.sharecast.com http://www.proshareclubs.co.uk/ www.digitallook.com