FTSE 250 movers: Indivior surges on schizophrenia drug success, insurers lower

5th May 2015 13:22

Indivior topped the risers despite pre-tax profit dipping in the first quarter, as its RBP-7000 schizophrenia drug met the primary and secondary endpoints in its phase 3 trial. Just Eat was making gains as it unveiled strong first quarter results, where like-for-like orders grew 47%.Miners including Kaz Minerals, Lonmin and Acacia Mining were trading higher, rebounding from falls in early trading, which were a result of a 25 basis-point cut in interest rates from the Reserve bank of Australia to a record low of 2%.Insurers Hiscox Limited and Lancashire Holdings dipped after Barclays Capital lowered its recommendation for the entire European insurance sector from 'neutral' to 'negative'. The broker said companies are facing "significant and growing" capital and earnings headwinds, particularly in parts of the life insurance sector.Crest Nicholson Holdings registered losses as it signed an agreement with M&G Real Estate to speed the delivery of rental housing. Crest Nicholson is both the developer and contractor of the scheme, which will initially involve 97 new private rental homes in Bath Riverside. RisersIndivior (INDV) 220.00p +8.32%Lonmin (LMI) 152.40p +5.32%Just Eat (JE.) 479.30p +5.11%Enterprise Inns (ETI) 123.40p +4.67%Kaz Minerals (KAZ) 269.40p +4.62%Hunting (HTG) 605.50p +4.40%AL Noor Hospitals Group (ANH) 905.50p +4.08%Rentokil Initial (RTO) 141.40p +3.59%Acacia Mining (ACA) 301.80p +2.97%Ladbrokes (LAD) 104.90p +2.94%FallersWetherspoon (J.D.) (JDW) 740.00p -2.12%Howden Joinery Group (HWDN) 460.60p -2.10%Hiscox Limited (CDI) (HSX) 809.00p -2.00%Fidelity China Special Situations (FCSS) 166.00p -1.78%Crest Nicholson Holdings (CRST) 440.70p -1.67%Lancashire Holdings Limited (LRE) 619.50p -1.59%Restaurant Group (RTN) 675.00p -1.46%Rathbone Brothers (RAT) 2,116.00p -1.31%COLT Group SA (COLT) 148.10p -1.27%CLS Holdings (CLI) 1,820.00p -1.19%