FTSE 250 movers: Yell jumps 25%

9th Sep 2009 09:16

More positive broker coverage has given directories group Yell something to shout about and the shares are up by nearly 25%, continuing their strong run. Cazenove said it believes the shares could rise further as the firm balances its books and sees trading improve.Sports Direct shares are wanted after the sportswear retailer said trading levels since July have been ahead of last year. Chief executive Dave Forsey said the directors expect debt to fall below £400m and think they will achieve EBITDA of at least £150m this financial year.ITV is going well after RBS raised its target price on the broadcaster to 60p from 41p.Shares in Ashtead are up for the second day in a row after the industrial equipment rental firm's results yesterday were not as bad as expected. Investors are betting against IG Group, even after the spread better lifted revenues by 28% in the first quarter thanks to strong overseas growth.FTSE 250 - RisersYell Group (YELL) 80.75p +24.23%Computacenter (CCC) 315.00p +5.21%Ashtead Group (AHT) 93.00p +4.55%Sports Direct International (SPD) 121.00p +3.68%SThree (STHR) 260.10p +3.21%Big Yellow Group (BYG) 393.20p +2.99%ITV (ITV) 52.55p +2.54%John Wood Group (WG.) 291.60p +2.32%GKN (GKN) 117.20p +2.27%Chloride Group (CHLD) 155.60p +2.03%FTSE 250 - FallersMicro Focus International Plc (MCRO) 337.80p -12.31%IG Group Holdings (IGG) 353.00p -5.34%Goldman Sachs Dynamic Opportunities EUR Shares (GSDE) € 1.02 -3.57%PayPoint (PAY) 491.30p -3.48%Stobart Group (STOB) 112.00p -3.28%Arriva (ARI) 469.30p -3.08%Rathbone Brothers (RAT) 892.50p -2.67%Fidessa (FDSA) 1,129.00p -2.67%Evolution Group (EVG) 141.70p -2.61%888 Holdings (888) 85.75p -2.56%