FTSE 250 movers: Punch knocked by licensee worries
Date: Monday 29 Sep 2008
LONDON (ShareCast) - Punch Taverns is sharply lower after weekend press reports said that almost one in five of its tenanted public houses is looking for a new licensee.
The worries that are plaguing the banking sector following the partial nationalisation of Bradford and Bingley have spread to house builders, with Taylor Wimpey and Barratt among the bottom 10 stocks.
Financial stocks are also suffering, not helped by a fall in funds under management at hedge fund manager Man Group and interdealer broker ICAP’s concerns over full-year profits. Aberdeen Asset Management and the spread betting company IG Group fall back.
FTSE 250 - Risers Johnston Press (JPR) 34.00p +8.80%
Halma (HLMA) 203.00p +1.88%
Heritage Oil (HOIL) 235.00p +1.73%
Debenhams (DEB) 49.25p +1.55%
Brown (N.) Group (BWNG) 225.25p +1.35%
Melrose Resources (MRS) 345.00p +1.25%
International Personal Finance (IPF) 262.50p +0.96%
Amlin (AML) 308.50p +0.90%
Sports Direct International (SPD) 60.50p +0.83%
Halfords Group (HFD) 263.50p +0.76%
3.00p ()
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