FTSE 250 movers: Dixons Retail rises on new deal

22nd Apr 2013 16:19

Dixons Retail, the electrical retailer and services group, saw its shares climb after it announced an agreement to sell Webhallen to Komplett As, a Norwegian based e-commerce company for a cash consideration of approximately SEK140m. The sale of Webhallen, a subsidiary of PIXmania S.A.S, is expected to be completed by the end of May. African Barrick Gold got a boost after Deutsche Bank upped its target price from 173p to 180p, staying with its hold recommendation. As on the top tier index, miners were taking a hit on the back of US home-sales figures which showed an unexpected decline in March. FTSE 250 - RisersAfrican Barrick Gold (ABG) 188.80p +5.42%Dixons Retail (DXNS) 37.00p +4.85%Betfair Group (BET) 840.00p +4.35%Ocado Group (OCDO) 144.80p +3.43%International Personal Finance (IPF) 461.30p +3.25%Playtech Ltd. (PTEC) 616.00p +2.84%Interserve (IRV) 474.90p +2.68%Unite Group (UTG) 319.50p +2.08%Supergroup (SGP) 709.50p +1.94%Barratt Developments (BDEV) 303.70p +1.74%FTSE 250 - FallersKazakhmys (KAZ) 352.80p -8.53%Persimmon (PSN) 1,060.00p -6.19%Petra Diamonds Ltd.(DI) (PDL) 105.20p -4.80%Lonmin (LMI) 255.60p -4.23%Fenner (FENR) 341.00p -3.81%Ferrexpo (FXPO) 160.30p -3.78%RPS Group (RPS) 241.10p -3.71%Ashtead Group (AHT) 588.00p -3.61%Alent (ALNT) 326.30p -3.60%Renishaw (RSW) 1,496.00p -3.55%NR