FTSE 250 Movers: Home Retail Group drops after warning from UBS

2nd Sep 2011 13:20

The Home Retail Group saw its share price take a tumble after UBS analysts said that it was highly likely that the firm's second quarter results, due next week, will show a continued troubled performance. The company, which owns Argos and Homebase, reported poor first quarter results in June which showed an 8% fall in sales. ITE Group was top of the leaderboard after Investec upgraded it from "hold" to "buy". FTSE 250 - RisersITE Group (ITE) 180.60p +6.17%Hansteen Holdings (HSTN) 80.00p +3.69%Perform Group (PER) 183.00p +3.21%Rank Group (RNK) 135.70p +2.88%SVG Capital (SVI) 263.30p +2.65%Genus (GNS) 962.50p +2.50%St. Modwen Properties (SMP) 135.50p +2.26%Daejan Holdings (DJAN) 2,484.00p +2.22%Domino's Pizza UK & IRL (DOM) 519.50p +1.86%Spirit Pub Company (SPRT) 41.75p +1.83%FTSE 250 - FallersHome Retail Group (HOME) 125.30p -5.86%Bodycote (BOY) 282.40p -5.30%Fenner (FENR) 351.00p -5.29%Imagination Technologies Group (IMG) 338.70p -5.07%Invensys (ISYS) 259.10p -5.06%Cookson Group (CKSN) 500.50p -5.03%Ocado Group (OCDO) 116.40p -4.59%Afren (AFR) 100.10p -4.39%Inchcape (INCH) 315.10p -4.37%Mothercare (MTC) 357.80p -4.33%NR