FTSE 250 movers: Mondi tops the charts

14th Feb 2012 14:08

Paper and packaging group Mondi raced into the top spot after saying underlying profit for the fourth quarter of 2011 is expected to be on a par with the corresponding quarter of 2010. Software group Misys was climbing amid reports that it has gained interest from various buyout groups. Speculators say a new approach could be on its way, with offers of 375p a share, compared with yesterday's closing price of 290.3p. The stock had lost more than 13% in just five days. Carpetright also headed higher on speculation founder of the company Lord Harris is considering taking the UK floorcoverings retailer private at a price of 700p per share, according to The Telegraph. Meanwhile, mobile telecoms firm Cable and Wireless Worldwide was settling back down after Monday's news which saw Vodafone confirm it considering a takeover.Vodafone said yesterday that it was still in the very early stages of assessing whether to make a bid and indicated that if it were to do so, the offer would likely be in the form of cash for shares. Rotork was suffering from a downgrade by UBS from buy to neutral, with the broker saying that the engineer's current share price "looks about right in our view and a blue skies scenario does not tempt us either." FTSE 250 - RisersMondi (MNDI) 563.00p +5.04%Misys (MSY) 304.10p +4.75%Perform Group (PER) 270.00p +4.45%Spirit Pub Company (SPRT) 57.75p +4.05%Telecity Group (TCY) 672.50p +3.70%Carpetright (CPR) 595.50p +3.03%Genus (GNS) 1,096.00p +3.01%Senior (SNR) 187.70p +2.68%Catlin Group Ltd. (CGL) 435.40p +1.97%Redrow (RDW) 131.60p +1.94%FTSE 250 - FallersCable & Wireless Worldwide (CW.) 26.60p -6.80%Aquarius Platinum Ltd. (AQP) 142.50p -4.55%Oxford Instruments (OXIG) 1,056.00p -4.17%Howden Joinery Group (HWDN) 111.20p -3.47%Centamin (DI) (CEY) 94.25p -2.94%Northgate (NTG) 243.10p -2.76%Petropavlovsk (POG) 696.50p -2.72%Logica (LOG) 81.55p -2.68%3i Group (III) 194.30p -2.61%Galliford Try (GFRD) 498.90p -2.56%NR