FTSE 250 movers: Interserve in demand as Cape shares sink

Date: Friday 25 May 2012

Construction and maintenance firm Interserve was wanted after announcing two contracts in the north of England, worth a combined £200m.

Cape, the energy and mineral resources services provider, plummeted after it revealed that its full-year profits will be held back by a £14m one-off charge related to its GL3-Z LNG (liquified natural gas) Project in Arzew, Algeria. Revenue guidance is unchanged.

Coal miner Bumi was also lower after Nomura cut its target price on the stock, citing lower assumed coal prices.


FTSE 250 - Risers
Hiscox Ltd. (HSX) 389.30p +2.99%
BBA Aviation (BBA) 198.70p +2.53%
Moneysupermarket.com Group (MONY) 112.60p +2.46%
Essar Energy (ESSR) 114.70p +2.32%
African Barrick Gold (ABG) 339.90p +2.07%
Interserve (IRV) 283.00p +1.95%
Daejan Holdings (DJAN) 2,782.00p +1.90%
JPMorgan Asian Inv Trust (JAI) 175.00p +1.86%
Beazley (BEZ) 137.00p +1.48%
Micro Focus International (MCRO) 447.70p +1.43%

FTSE 250 - Fallers
Cape (CIU) 202.00p -37.56%
Bumi (BUMI) 362.40p -9.15%
Centamin (DI) (CEY) 61.20p -6.71%
Aquarius Platinum Ltd. (AQP) 67.40p -6.65%
Petra Diamonds Ltd.(DI) (PDL) 127.10p -5.92%
Ruspetro (RPO) 148.00p -4.82%
Cable & Wireless Communications (CWC) 31.45p -4.73%
Bellway (BWY) 663.50p -3.63%
Imagination Technologies Group (IMG) 492.60p -3.51%
RPC Group (RPC) 366.80p -3.32%

NR

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