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FTSE 250 movers: Homeserve higher on strong winter trading, oil stocks and miners lower

Fri, 27th Mar 2015 13:13

Homeserve was trading higher after a reassuring trading statement that revealed trading in its busy winter period had been "good" and in line with its full-year targets. Management was also pleased with levels of customer growth across the international businesses, having reported good customer number growth in its February trading statement.Monks Investment Trust was boosted by news that manager Baillie Gerald Smith would be replaced, as the global fund seeks to turnaround a period of poor performance. Charles Plowden, the Citywire A-rated manager of Baillie Gifford's Global Alpha Growth fund, has become the £900m fund's new manager following a review by the trust's board and the Edinburgh-based investment group.Card Factory continued to surge in line with Thursday's gain, rebounding from a disappointing dividend on Wednesday, where investors were left wanting for a special dividend.Supergroup reversed after soaring on Thursday on the announcement it would begin paying dividends, with an interim payout in its 2015-16 financial year and had repurchased its North American rights.Oil stocks tumbled as oil prices reversed, bringing the short lived surge in prices to a close. Tullow Oil, Premier Oil and Nostrum Oil & Gas were all in the red.Miners Lonmin, BlackRock World Mining Trust and Kaz Minerals were among the fallers as metal prices weakened. RisersJust Eat (JE.) 422.10p +3.28%Rank Group (RNK) 189.40p +2.66%Betfair Group (BET) 2,282.00p +2.52%Workspace Group (WKP) 874.50p +2.40%Balfour Beatty (BBY) 240.70p +2.38%JD Sports Fashion (JD.) 490.60p +2.08%Homeserve (HSV) 370.60p +2.07%Monks Inv Trust (MNKS) 428.00p +2.03%Card Factory (CARD) 298.10p +1.98%Grafton Group Units (GFTU) 795.50p +1.86%FallersLonmin (LMI) 121.30p -6.26%Supergroup (SGP) 938.00p -5.35%Tullow Oil (TLW) 294.70p -4.41%Kaz Minerals (KAZ) 206.60p -4.22%Drax Group (DRX) 365.80p -3.89%BlackRock World Mining Trust (BRWM) 295.60p -3.40%AA (AA.) 417.10p -3.40%Premier Oil (PMO) 141.20p -3.35%Nostrum Oil & Gas (NOG) 590.00p -3.28%Telecom Plus (TEP) 951.50p -2.76%
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30 Apr 2015 15:10

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30 Apr 2015 05:15

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29 Apr 2015 14:53

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28 Apr 2015 10:44

Supergroup top pick for Berenberg as investor concerns swept aside

Berenberg has chosen Supergroup as its top pick in the retail sector as the SuperDry street fashion label moves from being "a business with significant potential to one which is starting to deliver". With a 'buy' recommendation and a 1,160p price target, a 17% premium to the share price, the German

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27 Apr 2015 16:04

LONDON MARKET CLOSE: Stocks Rise As Greece Fields New Team

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27 Apr 2015 13:43

FTSE 250 movers: Supergroup soars on RBC upgrade, Lonmin lower after Exane downgrade

SuperGroup was trading higher as RBC Capital Markets raised its rating on the clothing chain. The broker, which hiked its recommendation to 'outperform' from 'sector perform', also increased its price target to 1,150p on high hopes for the newly appointed management team. Vedanta Resources was boost

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27 Apr 2015 10:18

WINNERS & LOSERS: HSBC Up Again After Report It's Mulling UK Spin-Off

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27 Apr 2015 09:34

LONDON MARKET COMMENT: Stocks Trade Lower; HSBC Leads Gainers

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27 Apr 2015 09:11

BUZZ-SuperGroup: top UK midcap riser as broker gets behind stock

** SuperGroup up c.5 pct, top FTSE 250 riser as RBC Capital Mkts upgrades rating on stock to "outperform" vs "sector perform" ** Broker reckons recent mgmt changes should help co deliver more consistent growth; RBC notes alongside product & range developments, co working on improving its in

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27 Apr 2015 08:33

BROKER RATINGS SUMMARY: RBC Upgrades Sports Direct And Supergroup

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27 Apr 2015 07:28

LONDON MORNING BRIEFING: HSBC And Standard Chartered Shares Rise

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17 Apr 2015 14:54

DIRECTOR DEALINGS: SuperGroup Director Sells 182,813 Shares

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15 Apr 2015 06:59

Wednesday newspaper round-up: Chinese GDP, Google, HSBC

Economic growth in China slowed down to just 7% in the first quarter, representing the lowest pace of expansion in six years, according to the Financial Times. This compared with 7.3% growth in the fourth quarter. Europe is set to file formal charges against Google for violating antitrust laws, The

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13 Apr 2015 08:34

BROKER RATINGS SUMMARY: Citi Downgrades Anglo American And BHP

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