FTSE 250 movers: Telecom Plus surges after strong first half

8th Oct 2013 15:54

The share price of Telecom Plus surged on Tuesday afternoon after the utility services company reported that growth accelerated strongly in the first half. The firm said that customer numbers jumped by 50 per cent in the six months to September 30th, as it guided to a record full-year performance. Finncap upgraded the stock to 'buy' today.Ocado was another strong riser as the stock continues to set new highs following its incredible performance so far this year. In 2013 alone, the share price has rocketed by nearly 425%. Retailers Dixons Retail, Home Retail, Debenhams and Ted Baker were all in the red on Tuesday afternoon after the British Retail Consortium revealed that like-for-like sales growth fell to an annual rise of 0.7% last month, from 1.8% the month before as the unusually warm weather in September stifled sales of autumn and winter clothing, while grocery sales fell as supermarkets cut prices to lure shoppers.UK food producer Cranswick was extending losses after yesterday warning that pig prices reached a record high during its first half. The firm guided to flat operating profits year-on-year in for the first six months as due to these higher input costs, along with the start-up expenses of its pastry business.FTSE 250 - RisersTelecom Plus (TEP) 1,359.00p +9.60%Ocado Group (OCDO) 457.20p +6.65%Rank Group (RNK) 157.60p +3.07%Bank of Georgia Holdings (BGEO) 2,105.00p +2.93%Fisher (James) & Sons (FSJ) 1,100.00p +2.52%Perform Group (PER) 552.50p +2.31%African Barrick Gold (ABG) 155.30p +2.24%St. Modwen Properties (SMP) 315.90p +2.23%Computacenter (CCC) 534.00p +2.20%Evraz (EVR) 128.00p +2.07%FTSE 250 - FallersDixons Retail (DXNS) 44.97p -3.25%Imagination Technologies Group (IMG) 279.70p -3.05%Thomas Cook Group (TCG) 144.90p -2.69%Cranswick (CWK) 1,069.00p -2.46%Keller Group (KLR) 946.50p -2.42%BH Macro Ltd. EUR Shares (BHME) € 20.12 -2.33%Homeserve (HSV) 251.20p -2.22%Afren (AFR) 135.60p -2.09%Wetherspoon (J.D.) (JDW) 713.00p -1.99%Wood Group (John) (WG.) 767.00p -1.98%BC