FTSE 250 movers: Investors toast Punch confidence

25th Aug 2009 09:34

Investors are queuing up to buy into Punch Taverns after the pub group said it is confident of its longer term prospects though it remains cautious over the near-term.Peer Enterprise Inns is also wanted.Instrumentation and controls company Spectris is higher even though it reported a 66% drop in first-half profits as challenging market conditions continued with weak demand across all major regions.Shipping group James Fisher's rise in profits has failed to impress the market.Group revenue from operations rose by 13.9% to £130m during the first half of 2009 and pre tax profit was £13.0m against £11m last year.FTSE 250 - RisersPunch Taverns (PUB) 118.70p +10.32%Regus (RGU) 88.05p +5.45%Spectris (SXS) 640.00p +4.66%Enterprise Inns (ETI) 169.00p +3.30%National Express Group (NEX) 392.50p +2.83%888 Holdings (888) 91.45p +2.70%TR Property Inv Trust Sigma Shares (TRYS) 69.80p +2.65%Morgan Crucible (MGCR) 154.20p +2.53%Bodycote (BOY) 169.00p +2.49%BSS Group (BTSM) 313.80p +2.21%FTSE 250 - FallersShaftesbury (SHB) 368.70p -5.10%Cookson Group (CKSN) 411.90p -4.81%Tomkins (TOMK) 173.00p -4.42%Aquarius Platinum Ltd. (AQP) 275.00p -4.25%Fisher (James) & Sons (FSJ) 490.00p -3.92%Derwent London (DLN) 1,216.00p -3.49%Helical Bar (HLCL) 361.90p -3.47%Dunedin Income Growth Inv Trust (DIG) 175.20p -3.20%Rotork (ROR) 972.50p -3.14%Dunelm (DNLM) 282.50p -2.99%