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FTSE 250 movers: Renishaw leads after updating second half outlook

Mon, 27th Oct 2014 13:56

Renishaw has revealed that it now expects to continue to experience the revenue growth seen in its first quarter in the second half of its financial year. The brief announcement from the metrology and healthcare manufacturer came less than two weeks after it delivered its interim management statement, which revealed a 28% increase in first quarter revenue to £101.4m.Domino's Pizza was also on the up on reported the takeaway giant has formed a partnership with Microsoft that will mean Xbox users will be able to order a pizza without having to step away from their consoles. Microsoft has a similar deal with Pizza Hut in the US, which has reportedly driven its sales $1m higher.Ophir led the downside after making a bid for sector peer Salamander. Oil stocks in general were firmly in the red after Goldman Sachs cut its oil price outlook for next year. Crude prices have decline almost 25% in the last five months.Production volumes at Petra Diamonds reached a record in its first quarter, but the miner warned of a "seasonal softness" in the diamond market, causing shares to fall.FTSE 250 - RisersRenishaw (RSW) 1,648.00p +3.65%SSP Group (SSPG) 245.00p +3.38%Infinis Energy (INFI) 218.40p +3.26%Card Factory (CARD) 222.00p +2.07%Poundland Group (PLND) 317.90p +1.96%esure Group (ESUR) 242.40p +1.93%Domino's Pizza Group (DOM) 621.50p +1.80%Telecom Plus (TEP) 1,443.00p +1.41%Lancashire Holdings Limited (LRE) 652.50p +1.40%Hiscox Ltd (CDI) (HSX) 651.00p +1.40%FTSE 250 - FallersOphir Energy (OPHR) 187.30p -7.60%Kazakhmys (KAZ) 220.50p -4.26%EnQuest (ENQ) 71.25p -4.11%Supergroup (SGP) 916.00p -3.88%Vedanta Resources (VED) 798.50p -3.85%Hochschild Mining (HOC) 108.80p -3.72%Petra Diamonds Ltd.(DI) (PDL) 169.90p -3.03%Synthomer (SYNT) 213.30p -2.87%Ferrexpo (FXPO) 84.80p -2.70%Afren (AFR) 92.25p -2.69%

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