FTSE 250 movers: Balfour higher on cost saving pledge, miners and oil stocks lower
Shares in UK construction firm Balfour Beatty rose as it pledged to implement cost saving measures after reporting deep losses last year which forced it to suspend its dividend.
Balfour Beatty
358.20p
16:40 18/04/24
Bellway
2,476.00p
16:34 18/04/24
Card Factory
94.90p
16:35 18/04/24
Construction & Materials
9,618.35
17:14 18/04/24
Financial Services
14,164.95
17:14 18/04/24
FTSE 250
19,450.67
17:14 18/04/24
FTSE 350
4,334.00
17:14 18/04/24
FTSE All-Share
4,290.02
16:54 18/04/24
General Retailers
3,805.00
17:14 18/04/24
Harbour Energy
283.30p
16:44 18/04/24
Household Goods & Home Construction
12,423.35
17:14 18/04/24
Hunting
354.00p
16:40 18/04/24
International Personal Finance
102.50p
16:49 18/04/24
Media
11,786.69
17:14 18/04/24
Mining
10,662.18
17:14 18/04/24
Moneysupermarket.com Group
214.00p
16:45 18/04/24
Oil & Gas Producers
9,432.28
17:14 18/04/24
Oil Equipment, Services & Distribution
4,928.34
16:30 11/04/24
Pharos Energy
23.60p
16:40 18/04/24
Polymetal International
215.00p
16:35 31/07/23
Vedanta Resources
832.60p
16:35 28/09/18
Housebuilder Bellway surged as profits jumped to a record high in the first six months of its financial year, prompting the company to hike its interim dividend by 56.3%.
Meanwhile, Moneysupermarket dipped after founder Simon Nixon tried to place ÂŁ35m of his shares in the company on Tuesday after markets had closed, only to pull the placing on Wednesday morning as investors seemed likely not to buy in to it.
Card Factory was also trading lower as despite impressive full-year results, as investors were disappointed not to receive a special dividend.
International Personal Finance reversed from gains made on Tuesday as a result of an upgrade from Berenberg Bank.
Miners Vedanta Resources, Hunting, Acacia Mining and Polymetal International were all in the red, as were oil stocks Soco International and Premier Oil.
Risers
Balfour Beatty (BBY) 246.00p +6.40%
Hunting (HTG) 532.00p +6.40%
Soco International (SIA) 170.10p +5.65%
Premier Oil (PMO) 150.00p +5.63%
Redrow (RDW) 360.20p +4.59%
Bellway (BWY) 2,071.00p +3.34%
Polymetal International (POLY) 570.50p +2.98%
Just Eat (JE.) 388.00p +2.65%
Bank of Georgia Holdings (BGEO) 1,748.00p +2.46%
Acacia Mining (ACA) 271.50p +2.45%
Fallers
Moneysupermarket.com Group (MONY) 271.50p -5.07%
Card Factory (CARD) 283.80p -4.77%
RPS Group (RPS) 237.50p -4.54%
Ocado Group (OCDO) 333.40p -3.56%
Thomas Cook Group (TCG) 141.10p -3.42%
International Personal Finance (IPF) 489.10p -3.05%
Greencore Group (GNC) 318.30p -2.90%
Ted Baker (TED) 2,727.00p -2.54%
Mitchells & Butlers (MAB) 440.60p -2.46%
Aveva Group (AVV) 1,498.00p -2.35%