FTSE 250 movers: ITE exhibits positive figures

4th Dec 2012 15:48

ITE Group led the charge after it said revenues were up 11 per cent in the last year and good trading conditions had continued into the new financial year.Westhouse Securities raised its target price for the conference and exhibition organiser from 245p to 261p, while Numis raised its target price from 288p to 294p. Both have a 'buy' recommendation on the stock.Paragon Group of Companies was a strong riser a day after it announced a potential deal that would grant the buy-to-let lender a banking licence. The mortgage provider confirmed on Monday that it was thinking about acquiring small private bank Hampshire Trust, which would give it the chance to offer savings accounts for its customers. Kenmare continues its slide following last week's announcement that it will produce up to 10% less of its key products this year than previously expected. When it made that announcement shares dropped 8%, but any recovery in the price has been muted and easily outstripped by falls, leaving the price down 6.6% in the last week.Among the following pack was Anite, which fell despite reporting a 30% increase in half year profit and saying it was increasingly confident in meeting full year forecasts. The firm also raised its interim dividend by 0.2p to 0.575p per share, while getting a host from Canaccord Genuity and Panmure Gordon upping their target prices. However, that didn't seem to be enough for investors who pushed the shares down 1.75% by the end of the day.FTSE 250 - RisersITE Group (ITE) 214.00p +8.52%Paragon Group Of Companies (PAG) 251.80p +4.05%TUI Travel (TT.) 278.40p +3.49%Kentz Corporation Ltd. (KENZ) 384.30p +3.33%Domino Printing Sciences (DNO) 592.50p +2.86%Talvivaara Mining Company (TALV) 96.85p +2.60%Cairn Energy (CNE) 272.70p +2.56%Euromoney Institutional Investor (ERM) 805.00p +2.48%New World Resources A Shares (NWR) 264.80p +2.16%IG Group Holdings (IGG) 431.30p +2.11%FTSE 250 - FallersKenmare Resources (KMR) 29.95p -3.39%Imagination Technologies Group (IMG) 399.20p -2.99%Senior (SNR) 192.60p -2.68%African Barrick Gold (ABG) 403.90p -1.97%Man Group (EMG) 75.55p -1.88%Centamin (DI) (CEY) 55.95p -1.84%Redrow (RDW) 159.00p -1.79%Anite (AIE) 135.10p -1.75%Drax Group (DRX) 533.00p -1.57%Dixons Retail (DXNS) 26.57p -1.56%