FTSE 250 movers: Michael Page Intl plunges after mixed update

14th Oct 2013 16:30

Recruitment group Michael Page International fell sharply today after a mixed third quarter, as improved performances in the UK and US were counterbalanced by flat sales in Europe and declines in Asia Pacific. Gross profit increased by just 0.4 per cent year-on-year at constant currency.Chemring shares continued to extend Friday's heavy losses; the share price tumbled at the end of last week after the group issued a profit warning, saying that it was suffering as a result of the US crisis, as well as production troubles and unrest in the Middle East. JPMorgan Cazenove cut its rating on the stock to 'neutral' today.Meanwhile, Afren shares were heading north after Goldman Sachs Group reaffirmed its 'conviction buy' rating on the stock. Set-top box group Pace was also a high riser, jumping the most in over two, after Bloomberg said that Netflix is in talks to add TV subscription-streaming services to set-top boxes of US cable-TV operatorsHochschild Mining shares were also performing well ahead of their third-quarter update on Wednesday, and following last week's announcement that it had acquired full ownership of two Peruvian silver mines. FTSE 250 - RisersAfren (AFR) 143.00p +5.07%Pace (PIC) 271.50p +3.63%Greencore Group (GNC) 160.20p +3.49%Beazley (BEZ) 216.50p +3.39%Wetherspoon (J.D.) (JDW) 738.00p +3.29%Crest Nicholson Holdings (CRST) 357.40p +3.29%Moneysupermarket.com Group (MONY) 146.70p +3.02%Hochschild Mining (HOC) 157.20p +2.95%CSR (CSR) 515.00p +2.90%TalkTalk Telecom Group (TALK) 257.90p +2.75%FTSE 250 - FallersMichael Page International (MPI) 473.60p -4.23%Chemring Group (CHG) 210.80p -4.18%Soco International (SIA) 398.20p -2.09%Essar Energy (ESSR) 125.50p -1.80%Supergroup (SGP) 1,060.00p -1.67%Xaar (XAR) 783.00p -1.57%Kenmare Resources (KMR) 25.31p -1.52%Bwin.party Digital Entertainment (BPTY) 120.20p -1.48%Rathbone Brothers (RAT) 1,498.00p -1.45%Bank of Georgia Holdings (BGEO) 1,991.00p -1.29%NR