FTSE 250 movers: Gem Diamonds sparkles

10th May 2010 16:00

Gem Diamonds is sparkling after saying prices for the gemstones have picked up.Its Let?eng mine in Lesotho sold 15,468 carats at an average price of US$1,753 per carat in the first quarter, up from US$1,017 a year earlier.The Ellendale mine in Australia sold a combined total of 32,286 carats at an average price of US$489 per carat compared with US$102 per carat in 2009.Elsewhere in commodities, Finnish zinc and nickel producer Talvivaara Mining and iron ore group Ferrexpo are among the top risers in the FTSE 100 as hopes that the new euro bailout will stabilise the global economy send metals prices higher. Pub group Enterprise Inns is the top riser, after a report in the Sunday Times said it is close to agreeing a refinancing deal for a £1bn bank loan, which could stave off a cash call.FTSE 250 - RisersEnterprise Inns (ETI) 120.60p +12.19%Talvivaara Mining Company (TALV) 393.00p +10.61%Ferrexpo (FXPO) 302.00p +10.26%Lamprell (LAM) 237.80p +10.25%Trinity Mirror (TNI) 138.60p +9.74%Ecofin Water & Power Opportunities (ECWO) 143.60p +9.62%Gem Diamonds (GEMD) 276.00p +9.39%Cookson Group (CKSN) 535.50p +9.33%Yell Group (YELL) 49.85p +9.32%Afren (AFR) 92.95p +9.10%FTSE 250 - FallersMcbride (MCB) 186.50p -1.37%Fidessa (FDSA) 1,269.00p -0.86%BH Global USD Shares (BHGU) 10.92 -0.09%BH Global GBP Shares (BHGG) 1,126.00p +0.09%Kesa Electricals (KESA) 115.10p +0.09%Arriva (ARI) 764.00p +0.26%BH Macro GBP Shares (BHMG) 1,728.00p +0.29%BH Macro EUR Shares (BHME) € 16.77 +0.42%Rathbone Brothers (RAT) 897.00p +0.67%BlueCrest AllBlue Fund GBP Shares (BABS) 164.10p +0.67%