FTSE 250 movers: Ibstock rallies on results; Rotork retreats
London's FTSE 250 was up 0.8% to 19,721.86 in afternoon trade on Tuesday.
Brick maker Ibstock was the standout gainer as it said Britain's housing shortage and high demand for clay bricks helped it to record a 12% rise in full year adjusted pre-tax profits to £88.3m
Bodycote was a high riser after saying it had good momentum in the current financial year as the industrial heat treatment company reported a 24% increase in profit for 2017.
On the downside, Rotork retreated as it said revenue and profit growth would be constrained by currency swings this year as the marker of industrial valve actuators reported an increase in operating profit for 2017.
Aggreko lost steam after posting full-year results in line with expectations, as the temporary power provider reported a drop in pre-tax profit as the power solutions utility business weighed.
Sirius Minerals was on the back foot as it said its losses before tax widened to £79.25m from £23.4m the year before, while Hastings was hit by a downgrade to 'neutral' at UBS.
Risers
Ibstock (IBST) 281.60p 7.40%
Aveva Group (AVV) 2,032.00p 5.56%
Kaz Minerals (KAZ) 896.40p 4.82%
Bodycote (BOY) 951.00p 4.39%
TBC Bank Group (TBCG) 1,750.00p 4.17%
Ocado Group (OCDO) 568.60p 4.06%
Dignity (DTY) 842.42p 4.00%
Vedanta Resources (VED) 748.00p 3.63%
Hochschild Mining (HOC) 209.30p 3.61%
Card Factory (CARD) 201.80p 3.49%
Fallers
Rotork (ROR) 260.20p -9.02%
Aggreko (AGK) 682.00p -5.80%
Sirius Minerals (SXX) 26.98p -4.33%
Galliford Try (GFRD) 818.00p -3.31%
Nex Group (NXG) 662.00p -3.15%
IMI (IMI) 1,097.00p -2.83%
Provident Financial (PFG) 940.20p -2.77%
Capita (CPI) 151.75p -2.38%
Hastings Group Holdings (HSTG) 270.40p -2.17%
Wizz Air Holdings (WIZZ) 3,397.00p -2.16%