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Date: Wednesday 20 Aug 2008

LONDON (ShareCast) - Claims by Michael Page's chief executive Steve Ingham that Swiss staffing group Adecco may have to pay 600p a share for the recruitment group have the company leading the way in the FTSE 250.

Earlier this week, Adecco indicated it is considering a hostile bid for Page, having been knocked back twice.

Page rejected a 400p a share unsolicited preliminary approach from the Swiss firm worth £1.3bn on Friday. There are rumours that a 500p a share offer is being lined up.

Mining stocks such as ferrochrome producer International Ferro Metals and Aquarius Platinum are advancing in line with rising metals prices.

European newspaper publisher Mecom fell after it saw half year operating profit slip 3% on a like-for-like basis as advertising revenue dropped 2%.

FTSE 250 - Risers
Michael Page International (MPI) 372.00p +12.73%
Hardy Oil & Gas (HDY) 433.25p +6.71%
Dana Petroleum (DNX) 1,372.00p +6.11%
Premier Oil (PMO) 1,291.00p +4.70%
International Ferro Metals (IFL) 70.00p +4.48%
BlackRock World Mining Trust (BRWM) 542.50p +3.93%
Signet Group (SIG) 61.25p +3.81%
Aquarius Platinum (AQP) 465.00p +3.56%
BlueBay Asset Management (BBAY) 243.25p +3.40%
Aveva Group (AVV) 1,370.00p +3.40%

FTSE 250 - Fallers
Mecom Group (MEC) 19.25p -12.50%
Debenhams (DEB) 43.25p -6.99%
Trinity Mirror (TNI) 93.75p -6.72%
Rank Group (RNK) 70.25p -6.33%
Johnston Press (JPR) 51.50p -5.50%
Marston's (MARS) 186.50p -3.99%
Rathbone Brothers (RAT) 833.50p -3.92%
Aegis Group (AGS) 108.00p -3.57%
Cattles (CTT) 109.00p -3.54%
PartyGaming (PRTY) 202.25p -3.46%

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