FTSE 250 movers: property and rail stocks surge on Tory win

8th May 2015 13:27

Wireless antenna maker Laird topped the risers on higher first quarter revenues and a strong outlook for the rest of the year. "We have some visibility on new products to be launched by customers in the second half of the year, which underpins our current full year outlook," said chief executive David Lockwood.Property stocks dominated the risers as high end buyers who were previously wary of Labour's mansion tax returned to the market. Savills, Countrywide and Berkeley Group Holdings were all trading higher as a result.With Labour's potential review of the rail franchise system, which could have produced uncertainty for transport operators, no longer posing a concern, Stagecoach and FirstGroup were both making gains.Just Eat surged after revealing it will acquire its rival Menulog Group to gain a leadership position in the fast growing markets for takeout food in Australia and New Zealand.Shares in Man Group reversed earlier gains as investors digested the company's first-quarter results, which showed a 7% increase in funds under management. RisersLaird (LRD) 393.50p +10.16%Berkeley Group Holdings (The) (BKG) 2,739.00p +9.96%Ladbrokes (LAD) 116.00p +9.85%Savills (SVS) 907.50p +8.94%Countrywide (CWD) 572.50p +7.41%Serco Group (SRP) 138.80p +7.26%Workspace Group (WKP) 871.00p +6.35%Daejan Holdings (DJAN) 5,690.00p +6.26%COLT Group SA (COLT) 159.30p +6.20%Euromoney Institutional Investor (ERM) 1,254.00p +6.18%FallersJust Eat (JE.) 468.40p -5.58%Man Group (EMG) 171.50p -4.19%TalkTalk Telecom Group (TALK) 368.10p -1.23%Acacia Mining (ACA) 290.00p -1.02%Lonmin (LMI) 142.10p -0.98%BH Macro Ltd. GBP Shares (BHMG) 2,112.00p -0.33%Scottish Mortgage Inv Trust (SMT) 265.00p -0.30%Pace (PIC) 412.80p -0.29%Genesis Emerging Markets Fund Ltd Ptg NPV (GSS) 553.00p -0.09%SIG (SHI) 198.90p -0.05%