FTSE 250 Movers: Transport surges, energy sector dips
Stagecoach saw shares surge after its 90%-owned joint venture with Virgin Rail won the contract from the Department for Transport to run the new InterCity East Coast franchise for eight years from March 2015.
Amec Foster Wheeler
546.50p
17:00 06/10/17
FTSE 250
19,340.14
16:54 17/04/24
FTSE 350
4,316.81
16:54 17/04/24
FTSE All-Share
4,273.02
16:54 17/04/24
General Industrials
6,784.96
16:54 17/04/24
Hunting
355.50p
16:40 17/04/24
Insurance (non-life)
3,575.82
16:54 17/04/24
Lancashire Holdings Limited
566.00p
16:40 17/04/24
Oil Equipment, Services & Distribution
4,928.34
16:30 11/04/24
RPC Group
792.60p
17:00 28/06/19
Stagecoach Group
104.70p
16:34 27/06/22
Travel & Leisure
7,430.08
16:54 17/04/24
Shares also jumped for plastic packaging supplier RPC, following the announcement of its intention to purchase Iceland-based Promens Group AS for £306.73m. The deal, RPC said, was aimed at strengthening the company’s position in Europe as well as meeting its increasing need for polymer.
Prices in the energy services sector were under pressure due to concerns that lower prices could prompt producers to scale back on project spend. Shares in Hunting and Amec Foster Wheeler fell as a result of lower oil prices and the timing of contracts.
Amec Foster Wheeler was also trading lower after going ex-dividend, meaning that investors will no longer have access to the company's latest payout. A number of other stocks went ex-dividend on Thursday, including Lancashire Holdings.
Risers
Stagecoach Group (SGC) 397.70p +7.49%
National Express Group (NEX) 255.60p +6.15%
Shaftesbury (SHB) 807.00p +5.91%
Greencore Group (GNC) 293.70p +5.61%
RPC Group (RPC) 577.00p +5.48%
JD Sports Fashion (JD.) 502.00p +5.11%
IP Group (IPO) 216.60p +4.74%
Thomas Cook Group (TCG) 118.80p +4.67%
Riverstone Energy Limited (RSE) 899.50p +4.41%
Nostrum Oil & Gas (NOG) 670.00p +4.12%
Fallers
Lancashire Holdings Limited (LRE) 545.00p -12.52%
Amec Foster Wheeler (AMFW) 1,015.00p -4.15%
EnQuest (ENQ) 62.65p -3.62%
3i Infrastructure (3IN) 146.10p -2.21%
Entertainment One Limited (ETO) 289.50p -1.86%
Dechra Pharmaceuticals (DPH) 801.00p -1.72%
Hunting (HTG) 663.50p -1.48%
Kier Group (KIE) 1,410.00p -1.47%
Ophir Energy (OPHR) 161.60p -1.46%
Acacia Mining (ACA) 232.00p -1.36%