FTSE 250 movers: Connaught rises after bullish update

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Date: Tuesday 08 Jul 2008

LONDON (ShareCast) - Connaught is one of the mid-cap index’s best performers after the social housing maintenance specialist said it remains confident of delivering full year results in-line with management expectations after a strong start to the second half.

Partygaming is among the heaviest fallers after the online gambling group saw gross revenue fall slightly since 28 April due to seasonality and competition for players' leisure time from the Euro 2008 football tournament.

Bradford and Bingley also falls heavily on a poor day for financial stocks and amid continued concerns over its rights issue. Fellow bank Alliance and Leicester also slips back.

Estate agent Savills is on the back foot after it said deteriorating trading conditions in the property market make it “very difficult” to predict the outcome for the full year.

FTSE 250 - Risers
Carpetright (CPR) 592.50p +5.05%
DSG International (DSGI) 36.50p +5.04%
HMV Group (HMV) 109.00p +3.07%
De La Rue (DLAR) 912.50p +2.41%
Connaught (CNT) 387.50p +2.31%
Kesa Electricals (KESA) 135.25p +2.08%
Unite Group (UTG) 227.50p +2.02%
PV Crystalox Solar (PVCS) 170.00p +1.49%
Inchcape (INCH) 291.75p +1.39%
Euromoney Institutional Investor (ERM) 340.75p +1.11%

FTSE 250 - Fallers
Bradford & Bingley (BB.) 34.75p -17.26%
PartyGaming (PRTY) 218.00p -12.19%
Savills (SVS) 195.50p -9.18%
Alliance & Leicester (AL.) 227.75p -8.35%
Trinity Mirror (TNI) 77.00p -8.33%
Taylor Wimpey (TW.) 25.00p -8.26%
Hardy Oil & Gas (HDY) 656.50p -8.18%
Hargreaves Lansdown (HL.) 132.25p -7.84%
BlueBay Asset Management (BBAY) 180.00p -7.69%
Hochschild Mining (HOC) 334.50p -7.15%

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