FTSE 250 movers: SOCO Int'l leaps on conditional agreement

Date: Monday 02 Jul 2012

Oil and gas group SOCO International surged after entering into a 'conditional' agreement with Lizeroux Oil & Gas to acquire the 20% minority interest in SOCO Vietnam that the group does not already own.

Insurance group Catlin fell after Jefferies downgraded the stock as part of its review into the European insurance industry: "With Catlin now close to our price target, we downgrade to 'hold' also noting higher end US windstorm exposure and a broadly untouched reinsurance deductible."


FTSE 250 - Risers
Imagination Technologies Group (IMG) 500.50p +7.27%
Soco International (SIA) 309.30p +6.88%
Fenner (FENR) 382.70p +5.92%
Aquarius Platinum Ltd. (AQP) 48.28p +5.74%
Ashtead Group (AHT) 274.80p +5.73%
Travis Perkins (TPK) 1,019.00p +5.00%
Taylor Wimpey (TW.) 50.15p +4.96%
Oxford Instruments (OXIG) 1,287.00p +4.89%
Big Yellow Group (BYG) 303.90p +4.79%
Redrow (RDW) 126.40p +4.55%

FTSE 250 - Fallers
Avocet Mining (AVM) 75.35p -16.32%
Ocado Group (OCDO) 74.05p -4.70%
Halfords Group (HFD) 223.10p -2.66%
Homeserve (HSV) 152.70p -2.12%
Dixons Retail (DXNS) 17.98p -1.86%
London & Stamford Property (LSP) 110.00p -1.52%
Spirit Pub Company (SPRT) 50.00p -1.48%
Man Group (EMG) 75.05p -1.44%
Ruspetro (RPO) 133.50p -1.18%
Bank of Georgia Holdings (BGEO) 1,060.00p -1.03%

NR

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