FTSE 250 movers: Michael Page share price sent tumbling

15th Aug 2011 12:31

International recruitment firm Michael Page made a flying start to 2011 but said profit growth in the banking sector has tailed off in the second half of the year. This announcement saw the group's share price plummet more than 12%. Revenue in the first half of 2011 rose 27.6%, or 25.8% using constant exchange rates (CER), to £502.1m from £393.5m in the first half of last year. Mining giants New World Resources, Kenmare Resources, Heritage Oil, and Talvivaara Mining, all performed well on the back of rising oil and metal prices. FTSE 250 - RisersNew World Resources A Shares (NWR) 605.00p +8.62%Kenmare Resources (KMR) 47.80p +7.58%Renishaw (RSW) 1,428.00p +6.97%Heritage Oil (HOIL) 223.90p +5.51%Talvivaara Mining Company (TALV) 360.80p +5.50%Premier Foods (PFD) 14.95p +4.99%Spectris (SXS) 1,413.00p +4.74%Imagination Technologies Group (IMG) 349.00p +4.30%St. Modwen Properties (SMP) 147.80p +4.08%Sports Direct International (SPD) 220.00p +4.07%FTSE 250 - FallersMichael Page International (MPI) 351.70p -12.16%Home Retail Group (HOME) 135.60p -4.10%Travis Perkins (TPK) 806.00p -3.07%SIG (SHI) 112.10p -2.61%Morgan Crucible Co (MGCR) 279.50p -2.38%Laird (LRD) 158.10p -2.35%SThree (STHR) 270.00p -2.03%Lamprell (LAM) 326.60p -1.92%Filtrona PLC (FLTR) 330.20p -1.73%Logica (LOG) 90.95p -1.73%NR