FTSE 250 movers: Oil groups lower as crude price falls

By Benjamin Chiou

Date: Tuesday 03 May 2011

Oil groups Premier Oil and Soco International are topping the fallers list, as crude prices continue to fall.

Bookmaker William Hill is in the red after signing an agreement to acquire US betting group Brandywine.

F&C Asset Management is edging lower despite the group posting another quarter of net inflows during the first three months of the year, against a “challenging backdrop”. Assets under management (AUM) at the end of March stood at £106.1bn, up from £105.8bn at the end of 2010.

Heading the other way is Aberdeen Asset Management after the fund manager saw profits surge by 54% in the six months ended 31 March. Underlying pre-tax profit rose to £142.8m while revenue increased to £385.9m, from £294.9m the year before.

UK Commercial Property Trust, the largest UK focused commercial property trust, saw no change in its net asset value per share in the first quarter of 2011, causing shares to fall.

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BC

FTSE 250 - Risers
Berkeley Group Holdings (BKG) 1,102.00p +3.96%
AG Barr (BAG) 1,424.00p +3.56%
Grainger (GRI) 118.90p +3.39%
Big Yellow Group (BYG) 343.60p +3.37%
Rightmove (RMV) 1,089.00p +2.74%
Ocado Group (OCDO) 232.20p +2.56%
Premier Foods (PFD) 32.99p +2.55%
Spectris (SXS) 1,519.00p +2.43%
Keller Group (KLR) 673.50p +2.28%
JKX Oil & Gas (JKX) 315.00p +2.27%

FTSE 250 - Fallers
Premier Oil (PMO) 1,926.00p -3.70%
Soco International (SIA) 376.10p -3.54%
Cable & Wireless Worldwide (CW.) 46.63p -3.04%
Aquarius Platinum Ltd. (AQP) 334.20p -2.91%
Domino's Pizza UK & IRL (DOM) 449.40p -2.90%
Stagecoach Group (SGC) 239.90p -2.84%
Aegis Group (AGS) 136.10p -2.79%
COLT Group SA (COLT) 146.50p -2.72%
William Hill (WMH) 218.20p -2.37%
JPMorgan Indian Inv Trust (JII) 432.60p -2.28%

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