FTSE 250 movers: Halfords decelerates; Acacia shines

Glum global outlooks from the OECD led the FTSE 250 index of mid-cap shares into the red on Wednesday.

Halfords drove the fall after reporting disappointing full year numbers that were largely flat but ahead of market expectations as new chief executive Jill McDonald claimed to be making progress with her Moving Up A Gear strategy, announcing new capital and debt targets "to allow for appropriate M&A".

The shares moved lower as some investors had been hoping for news of a capital return.

Millennium & Copthorne Hotels were lower after the US warning of potential terror attacks in Europe this summer, while Bovis Homes and Bellway Homes tumbled on Brexit fears that hit the housebuilding sector.

Acacia Mining bucked the downward trend after a 'buy' recommendation from Deutsche Bank. Centamin also joined the fun, rising almost 5%

Market Movers

FTSE 250 (MCX) 17,025.40 -0.93%

FTSE 250 - Risers

Centamin (DI) (CEY) 101.00p 4.83%
Acacia Mining (ACA) 317.70p 3.99%
Polypipe Group (PLP) 325.00p 2.10%
Polymetal International (POLY) 826.00p 1.85%
Euromoney Institutional Investor (ERM) 925.50p 1.70%
P2P Global Investments (P2P) 879.50p 1.09%
Melrose Industries (MRO) 388.40p 1.07%
Ocado Group (OCDO) 273.00p 0.92%
Polar Capital Technology Trust (PCT) 599.50p 0.84%
Kier Group (KIE) 1,244.00p 0.73%

FTSE 250 - Fallers

Halfords Group (HFD) 411.90p -6.09%
Millennium & Copthorne Hotels (MLC) 419.10p -4.47%
Sports Direct International (SPD) 358.60p -4.35%
Henderson Group (HGG) 257.10p -4.10%
Drax Group (DRX) 298.00p -3.56%
Aberdeen Asset Management (ADN) 269.20p -3.55%
Wetherspoon (J.D.) (JDW) 725.50p -3.27%
Bellway (BWY) 2,645.00p -3.22%
Lookers (LOOK) 144.90p -3.21%
Bovis Homes Group (BVS) 978.00p -3.17%