FTSE 250 movers: Clothing retailers gain momentum

5th Jul 2011 15:22

Apparels and sports and athletic inspired fashion retailers rose sharply on Tuesday, pushing the mid-cap stock index higher. The top risers on the FTSE 250 included Carpetright and Sports Direct. Dixons Retail, whose shares had lost more than 4% since its earnings report on June 23, also climbed higher. Also boosting the index was catalogue retail firm N Brown Group, which reported 5.1% increase in total group revenue in the year till July 2. Shares of maternity retailer Mothercare brushed-off attacks by activist shareholder VGI Partners, who claimed the company's senior directors were awarded "highly excessive" incentive payments. On the other hand, travel and entertainment companies were mixed with Betfair Group and Thomas Cook Group lagging behind peers like Ladbrokes, William Hill and National Express. FTSE 250 - RisersJD Sports Fashion (JD.) 993.00p +7.93%Sports Direct International (SPD) 250.00p +7.16%Supergroup (SGP) 897.00p +5.78%Yule Catto & Co (YULC) 242.60p +5.48%Mothercare (MTC) 420.50p +3.98%Telecom Plus (TEP) 684.00p +3.95%Dixons Retail (DXNS) 16.35p +3.48%Kofax (KFX) 479.60p +3.36%EnQuest (ENQ) 130.60p +3.08%Croda International (CRDA) 2,042.00p +2.87%FTSE 250 - FallersBetfair Group (BET) 714.50p -4.09%International Personal Finance (IPF) 368.00p -3.46%Petropavlovsk (POG) 734.50p -1.87%Domino Printing Sciences (DNO) 688.50p -1.85%ITE Group (ITE) 212.10p -1.85%Taylor Wimpey (TW.) 38.16p -1.78%Talvivaara Mining Company (TALV) 447.80p -1.71%Gem Diamonds Ltd. (DI) (GEMD) 225.10p -1.70%Britvic (BVIC) 393.60p -1.48%Thomas Cook Group (TCG) 132.60p -1.41%