FTSE 250 movers: Ophir falls on placing news

7th Feb 2013 15:22

Shares in Ophir Energy fell after Credit Suisse confirmed that it has sold 36m shares on behalf the investment funds of two stakeholders, Och-Ziff Capital Management and Mittal Investments. The news overshadowed a positive update from the company also out today, in which the group said that its 40%-owned Mzia-2 appraisal well in Tanzania had been a success, with the Mzia-1 and Mzia-2 columns confirmed to be in direct pressure communication. PZ Cussons was lower after Panmure Gordon & Co reiterated its 'hold' rating on the stock. Dairy Crest was lower after revealing that it was operating in a challenging market environment and had suffered production setbacks. UK fashion retailer SuperGroup rose after it unveiled a rise in sales for the holiday season as shoppers stocked up on jackets, knitwear and gifting accessories. Ocado gained after posting a 13% increase in revenue to £678.6m in the 53 weeks to December 2nd. The group's adjusted pre-tax profit rose by £4.2m to £1.8m and net debt climbed 187.5% to £55.2m. Specialist insurance provider Beazley posted a 300% rise in pre-tax profit for the year ending December 31st, according to an interim management statement issued by the company on Thursday. FTSE 250 - RisersSupergroup (SGP) 720.50p +13.73%Ocado Group (OCDO) 116.00p +11.65%Beazley (BEZ) 200.60p +5.36%Bellway (BWY) 1,158.00p +3.21%Amlin (AML) 403.50p +2.93%Sports Direct International (SPD) 432.70p +2.73%Homeserve (HSV) 240.30p +2.69%Marston's (MARS) 137.00p +2.62%Man Group (EMG) 97.55p +2.58%Euromoney Institutional Investor (ERM) 950.00p +2.15%FTSE 250 - FallersOphir Energy (OPHR) 475.70p -8.43%PZ Cussons (PZC) 403.00p -3.03%Dairy Crest Group (DCG) 409.20p -3.03%Drax Group (DRX) 605.00p -2.89%Redrow (RDW) 181.20p -2.84%International Personal Finance (IPF) 405.00p -1.84%Salamander Energy (SMDR) 203.40p -1.69%Stobart Group Ltd. (STOB) 97.50p -1.66%Jardine Lloyd Thompson Group (JLT) 803.00p -1.59%African Barrick Gold (ABG) 353.00p -1.48%NR