FTSE 250 movers: Tate tops the table

1st Jun 2011 14:25

Tate & Lyle is the best performer on the FTSE 250. Yesterday, the food ingredients group had its target price raised by 8% by UBS.The share price of property regeneration specialist St. Modwen Properties has been boosted after it revealed that half-year results should come in at the top end of management (and consensus) expectations, "both in terms of profit and net asset value growth." Also making gains is Finland-focused nickel and zinc miner Talvivaara after it purchased an additional 4% shareholding in its operating subsidiary, Talvivaara Sotkamo, for €60m. An initial assessment of the recently-purchased Booysendal South property has led Aquarius Platinum to raise its production expectations at its Everest mine in South Africa. Shares are edging higher.Finance specialist Intermediate Capital said annual pre-tax profit rose 76% after a marked improvement in the performance of its investments. Investors seem underwhelmed however, as shares have fallen into the red.---BCFTSE 250 - RisersTate & Lyle (TATE) 660.50p +6.45%Elementis (ELM) 167.00p +5.56%Avis Europe (AVE) 193.00p +4.78%Gem Diamonds Ltd. (DI) (GEMD) 269.00p +3.86%Daejan Holdings (DJAN) 2,820.00p +3.45%St. Modwen Properties (SMP) 187.20p +3.37%Lamprell (LAM) 403.60p +3.22%Renishaw (RSW) 1,742.00p +2.89%JKX Oil & Gas (JKX) 293.00p +2.70%Filtrona PLC (FLTR) 380.00p +2.43%FTSE 250 - FallersAZ Electronic Materials SA (WI) (AZEM) 310.70p -8.10%Redrow (RDW) 123.20p -5.45%Cable & Wireless Communications (CWC) 43.02p -4.87%Stobart Group Ltd. (STOB) 137.90p -4.17%Dixons Retail (DXNS) 18.93p -3.66%Debenhams (DEB) 72.85p -2.61%Barratt Developments (BDEV) 110.90p -2.20%Anglo Pacific Group (APF) 304.80p -2.09%Pace (PIC) 115.50p -1.95%Bellway (BWY) 729.50p -1.82%