FTSE 250 movers: Spectris rises on upgrade

23rd Apr 2013 15:55

Spectris rose following an upgrade by Citigroup, which raised its rating to 'buy' with a 2,413p price target. The stock fell significantly on Friday. Engineering data and IT group AVEVA was a high riser after saying that it expects to hit revenue and profit forecasts for the full year following good demand in its second half. Sanlam Securities released a research report this morning saying that the in-line trading update prompted it to move its rating from 'sell' to 'hold'. Meanwhile, miners were heading lower on the back of disappointing data from China; the country's composite index showed manufacturing was down 2.12% to 2,194. Falling metal prices added to the sector's woes. FTSE 250 - RisersSpectris (SXS) 2,001.00p +6.44%Aveva Group (AVV) 2,175.00p +5.43%Electrocomponents (ECM) 241.10p +5.38%Synthomer (SYNT) 187.00p +4.53%Fenner (FENR) 354.00p +4.12%Barratt Developments (BDEV) 315.60p +3.92%Savills (SVS) 531.00p +3.91%Greene King (GNK) 695.50p +3.88%Premier Farnell (PFL) 213.10p +3.85%Berkeley Group Holdings (The) (BKG) 2,144.00p +3.78%FTSE 250 - FallersAfrican Barrick Gold (ABG) 180.00p -4.51%Kazakhmys (KAZ) 341.80p -3.34%New World Resources A Shares (NWR) 156.20p -2.38%PayPoint (PAY) 864.50p -2.32%BH Global Ltd. USD Shares (BHGU) 11.8 -1.67%KCOM Group (KCOM) 82.05p -1.44%Telecom Plus (TEP) 1,183.00p -1.33%Kenmare Resources (KMR) 26.40p -1.23%NMC Health (NMC) 336.00p -1.18%Computacenter (CCC) 525.00p -1.13%