FTSE 250 movers: CPP plummets after profit warning

29th Mar 2011 15:09

The biggest mover of the day is CPP, which has seen its share price plummet after yesterday's announcement that the FSA has raised sales-related issues with its identity protection products and this will reduce its profit in 2011. The identity theft and credit card insurer said that the FSA is concerned about sales calls with customers. The highest riser today is engineering support services company Babcock International after saying that it is sitting on a strong order book and a growing bid pipeline, giving it confidence for the next financial year.Homeware retailer Dunelm is another good performer after a UBS upgrade. The broker has upped its recommendation to a 'buy', from 'neutral', saying that the group has the fastest store growth forecast in the sector, with high single digit space growth per annum forecast for the medium term.Africa-focused oil and gas firm Afren is edging higher after notching up its first full year of post-tax profit in 2010.Young fashion retailer SuperGroup is unwanted after it confirmed that its chief operating officer Diane Savory has decided to step down from the board and to leave the company for personal reasons.BCFTSE 250 - RisersBabcock International Group (BAB) 598.50p +3.55%Ocado Group (OCDO) 228.70p +3.48%Fidessa Group (FDSA) 1,828.00p +3.39%Rank Group (RNK) 154.60p +3.20%Charter International (CHTR) 795.50p +2.65%BTG (BGC) 228.80p +2.42%Daejan Holdings (DJAN) 2,725.00p +2.25%Dunelm Group (DNLM) 419.00p +2.10%Devro (DVO) 288.80p +2.05%Home Retail Group (HOME) 201.30p +1.98%FTSE 250 - FallersCPP Group (CPP) 148.00p -47.14%Chemring Group (CHG) 699.00p -5.09%Mothercare (MTC) 454.10p -4.84%JKX Oil & Gas (JKX) 321.50p -4.06%Keller Group (KLR) 620.00p -3.73%Lamprell (LAM) 320.80p -3.08%Bellway (BWY) 674.00p -2.88%Imagination Technologies Group (IMG) 425.40p -2.65%Big Yellow Group (BYG) 335.40p -2.47%Unite Group (UTG) 211.60p -2.44%