FTSE 250 movers: IPF surges after dodging fine, property stocks higher

By

Sharecast News | 21 Apr, 2015

Updated : 15:49

International Personal Finance (IPF) was boosted as the home-credit group escaped a fine from Poland's consumer protection authority. After an investigation into fee structures, the Polish Office of Consumer Protection and Competition agreed to waive the fine if IPF's Provident Polska implement a new product and fee structure from 1 August.

Property stocks Crest Nicholson, Redrow and Rightmove were trading higher despite uncertainty in the market running up to the general election, as investor concern about the prospect of Labour's 'mansion tax' waned.

Meanwhile, lower commodity prices were weighing on stocks in the mining and oil sectors, which were pulling back after a decent performance on Monday. Petrofac, Lonmin, BlackRock World Mining Trust, Acacia Mining, Soco International and Premier Oil were all firmly in the red.

Petrofac was also damaged by a downgrade from JPMorgan Cazenove, who cut its rating to 'neutral' from 'overweight' following Monday's profit warning.

Pets at Home dipped despite the launch of its 'Pawdicures' and 'groom room' services driving store revenues 4.2% higher in the year ending 26 March.

Risers
Aveva Group (AVV) 1,666.00p +5.84%
International Personal Finance (IPF) 502.00p +5.68%
Just Eat (JE.) 463.10p +4.02%
Crest Nicholson Holdings (CRST) 454.90p +3.29%
Investec (INVP) 616.00p +3.27%
Bodycote (BOY) 714.00p +2.88%
Redrow (RDW) 379.60p +2.79%
Smith (DS) (SMDS) 380.50p +2.73%
ICAP (IAP) 556.50p +2.68%
Tullett Prebon (TLPR) 373.20p +2.67%

Fallers
Petrofac Ltd. (PFC) 874.00p -4.22%
Premier Oil (PMO) 166.60p -3.76%
Serco Group (SRP) 139.90p -2.71%
BlackRock World Mining Trust (BRWM) 297.60p -2.65%
Acacia Mining (ACA) 279.50p -2.55%
Ophir Energy (OPHR) 156.40p -2.49%
Soco International (SIA) 177.50p -2.31%
JD Sports Fashion (JD.) 558.00p -2.11%
Evraz (EVR) 188.90p -1.92%
Imagination Technologies Group (IMG) 210.20p -1.78%

Last news