FTSE 250 movers: Gold miners lifted as mid-caps trip on China's currency fiddling
12th Aug 2015 16:12
(ShareCast News) - The FTSE 250 tumbled in early trading and by the close of the session was down 1.3% at 17,438.09 points. There were a few stocks in positive territory, however, with a three-week haven-inspired high in gold prices helping gold-miners Centamin and Acacia Mining top the second-line
Read moreFTSE 250 Movers: Fidessa Group, Kaz Minerals, Premier Oil lead decline
3rd Aug 2015 16:42
(ShareCast News) - London's mid-cap index lowered after oil prices dragged mining and oil stocks down. The FTSE 250 index fell 0.19% at 17,644.65 by 1549 BST on Monday. Shares in trading platforms company Fidessa plunged after the company reported a 1.5% decline in year on year pre-tax profit to £1
Read moreSector movers: Aerospace and defence stocks lead London market higher
31st Jul 2015 15:50
(ShareCast News) - Aerospace and defence, and media stocks led the London market higher as miners continued to struggle on Friday. The FTSE 100 closed up 0.41% or 27.41 points at 6696.28, while FTSE 250 closed up 0.89% or 156.40 points at 17677.40, with aerospace and defence stocks trading higher.
Read moreKaz Minerals cuts gold output guidance but says it's on track for copper
30th Jul 2015 12:28
(ShareCast News) - Kaz Minerals said it was on track to meets its full-year copper production target, but lowered its annual target for by-product gold. The company said it produced 36,700 tonnes of copper cathode in the first half, down from 41,100 in the same period last year, with copper concentr
Read moreFTSE 250 movers: Mining and oil stocks in the red
27th Jul 2015 18:30
(ShareCast News) - Lonmin led the miners lower on the FTSE 250 after a downgrade from HSBC hurt the platinum producer's shares. HSBC downgraded the stock to 'hold' from 'buy' and slashed its price target to 82p from 222p. The bank said medium-term earnings and EBITDA estimates are substantially lowe
Read moreSector movers: Natural resources stocks trigger another London market decline
23rd Jul 2015 15:38
(ShareCast News) - Natural resources, especially mining and metals, along with telecommunications stocks triggered yet another London market decline on Thursday. The FTSE 100 was down 12.33 points or 0.18% at 6655.01, while FTSE 250 was down 26.55 or 0.15% with mining, metal and oil stocks leading a
Read moreGoldman Sachs lowers medium-term copper price forecasts
23rd Jul 2015 09:05
(ShareCast News) - Even in a country that accounted for 20% of the global population and 13% of its gross domestic product, private consumers in the People's Republic of China could not be expected to consume half the world's copper as the government-led investment drive cooled, Goldman Sachs told c
Read moreFTSE 250 movers: Mitchells and Butlers surges on upgrade, miners lower
22nd Jul 2015 14:40
(ShareCast News) - Mid-caps edged lower on Wednesday, as gains in the construction and insurance sectors were eclipsed by weakness from technology, mining, engineering and oil stocks. As of 1600 BST, the FTSE 250 was trading 0.5% lower at 17,660. Mitchells & Butlers topped the risers after Numis ra
Read moreFTSE 250 movers: IG Group buffeted by currency headwinds, miners rebound
21st Jul 2015 14:07
(ShareCast News) - Mid-caps were subdued on Tuesday as strong performances from oil, insurance and technology stocks were offset by losses in the telecommunications, utilities and construction sectors. As of 14:30 BST, the FTSE 250 was trading flat at 17,790. IG Group topped the fallers after repor
Read moreFTSE 250 movers: Aveva rockets on Schneider takeover, oil stocks lower
20th Jul 2015 14:05
(ShareCast News) - Mid-caps inched higher on Monday as a raft of positive broker sentiment offset tumbling oil and metal prices. As of 14:30 BST, the FTSE 250 was trading 0.32% higher at 17,814. Shares in Aveva were up by more than a quarter after engineering design firm Schneider Electric said it
Read moreFTSE 250 movers: Mitchells & Butlers hit by double downgrade, miners lower
16th Jul 2015 14:48
(ShareCast News) - Mid-caps edged higher on Thursday, as an expected interest rate hike from the federal reserve was tempered by strength in the construction, automobile and banking sectors. As of 15:30 BST, the FTSE 250 was trading 0.7% higher at 17,759. Pub group Mitchells & Butlers topped the fa
Read moreFTSE 250 movers: Wetherspoon dips on profit warning, Workspace buoyed rent rise
15th Jul 2015 14:37
(ShareCast News) - Mid-caps were sluggish on Wednesday, with weakness from electronics and energy stocks balanced by promising performances from the real estate, food retail and financial sectors. As of 15:30 BST, the FTSE 250 was trading flat at 17,627. Shares in Wetherspoon plunged after the comp
Read moreFTSE 250 movers: Hiscox and Alent hit by downgrades, miners lower
14th Jul 2015 14:30
(ShareCast News) - Mid-caps were in the red on Tuesday as a raft of negative broker comment weighed on stocks and industrial metals stocks plunged. As of 14:45 BST, the FTSE 250 was trading 0.8% lower at 17,573. Insurer Hiscox was in the red as analysts at Credit Suisse downgraded the stock to 'und
Read moreFTSE 250 movers: Falling mining and oil stocks outweigh rising housebuilders
6th Jul 2015 16:09
London's second-tier index was registering losses on Monday in the aftermath of the Greek referendum, with decent gains in the housebuilding sector offset by falls from mining and oil stocks. Diversified mining group Vedanta Resources was a heavy faller on the FTSE 250, dropping over 7%, as an avers
Read moreWednesday broker round-up
3rd Jun 2015 08:41
Tesco: JP Morgan retains underweight, lowers price target to 175p from 185p. Amec Foster Wheeler: JP Morgan maintains overweight and 905p target. Bellway: JP Morgan raises target to 2,575p from 1,150p and reiterates overweight. Barratt Developments: JP Morgan lifts target to 650p from 550p and ove
Read more