FTSE 250 movers: house builders in focus as mid caps sour
FTSE 250 stocks ended on a sour note with residential property-linked stocks figuring prominently among the fallers as UK construction data disappointed.
Acacia Mining
234.00p
16:45 16/09/19
Aldermore Group
n/a
n/a
AO World
104.80p
08:04 26/04/24
Banks
4,045.06
08:20 26/04/24
Bellway
2,514.00p
08:20 26/04/24
Bodycote
680.00p
08:19 26/04/24
Centamin (DI)
124.90p
08:19 26/04/24
Clarkson
4,005.00p
08:20 26/04/24
Close Brothers Group
465.00p
08:19 26/04/24
Construction & Materials
9,735.67
08:09 26/04/24
Crest Nicholson Holdings
186.70p
08:20 26/04/24
Daejan Holdings
8,050.00p
16:30 07/05/20
Financial Services
14,026.78
08:20 26/04/24
FTSE 250
19,705.61
08:20 26/04/24
FTSE 350
4,461.81
08:20 26/04/24
FTSE All-Share
4,414.77
08:20 26/04/24
General Retailers
3,903.24
08:19 26/04/24
Hochschild Mining
158.80p
08:19 26/04/24
Household Goods & Home Construction
12,574.40
08:14 26/04/24
Indivior
1,381.00p
08:19 26/04/24
Industrial Engineering
13,470.90
08:09 26/04/24
Industrial Transportation
4,258.20
08:20 26/04/24
Kier Group
131.40p
08:19 26/04/24
Media
11,811.26
08:20 26/04/24
Mining
10,516.27
08:09 26/04/24
Moneysupermarket.com Group
214.40p
08:20 26/04/24
Pharmaceuticals & Biotechnology
22,816.66
08:20 26/04/24
Polymetal International
215.00p
16:35 31/07/23
Real Estate Investment & Services
2,155.53
08:14 26/04/24
Redrow
643.00p
08:19 26/04/24
Rightmove
506.60p
08:19 26/04/24
Shawbrook Group
339.50p
16:34 23/08/17
Vedanta Resources
832.60p
16:35 28/09/18
Clarkson led to the downside as it warned full-year 2016 profits would be "materially lower" on the year due to lower freight rates, quiet capital markets and weak investor confidence.
Thereafter the top-10 ladder of mid-cap losers was linked to residential property.
Rightmove flopped following Barclays slashed its recommendation to 'underweight' from 'overweight,' and cut its target price to 4,300p from 4,550p.
Also in the media sector, Moneysupermarket.com was cut by Barclays to 'equalweight' from 'overweight' with target price lowered to 260p from 390p.
Property, residential, construction and services group Kier did its best to reassure investors over its viability on Monday, in the wake of the EU referendum.
It said its underlying trading performance had remained in line with management expectations.
Bovis Homes, Bellway and Redrow were also under the cosh as Brexit jitters engulfed the residential property market and focuses turned to the impact of UK house prices.
To the upside, Aldemore firmed after chairman Glyn Jones went bottom-fishing in shares of his company, picking up ÂŁ118,883.00-worth of stock on 30 June.
This was received as a positive move by the market, shares in the so-called 'challenger' bank had been mauled in the aftermath of the Brexit vote.
Market Movers
FTSE 250 (MCX) 16,116.70 -2.12%
FTSE 250 - Risers
Acacia Mining (ACA) 482.90p 4.25%
AO World (AO.) 147.20p 3.37%
Hochschild Mining (HOC) 202.90p 3.26%
Centamin (DI) (CEY) 146.20p 3.25%
Vedanta Resources (VED) 444.10p 2.89%
Indivior (INDV) 255.70p 2.20%
Daejan Holdings (DJAN) 4,953.00p 2.10%
Bodycote (BOY) 540.00p 2.08%
Polymetal International (POLY) 1,081.00p 1.89%
Aldermore Group (ALD) 123.10p 0.90%
FTSE 250 - Fallers
Clarkson (CKN) 1,850.00p -16.10%
Moneysupermarket.com Group (MONY) 244.80p -10.98%
Crest Nicholson Holdings (CRST) 362.90p -8.13%
Bovis Homes Group (BVS) 708.50p -7.41%
Shawbrook Group (SHAW) 160.00p -7.03%
Rightmove (RMV) 3,500.00p -6.37%
Bellway (BWY) 1,852.00p -6.24%
Redrow (RDW) 312.20p -6.11%
Kier Group (KIE) 987.00p -6.00%
Close Brothers Group (CBG) 1,070.00p -5.89%