FTSE 250 movers: Miners and oil companies trading higher, Halma hit by downgrade

Halma took its biggest one day fall since May 2010, as JP Morgan downgraded the stock from ‘neutral’ to ‘underweight’.

Man Group was among the fallers despite an increased price objective from analysts at Liberum Capital, from 145p to 213p.

Polymetal International and Kaz Minerals were putting in decent gains on hopes for stimulus in China. Kaz was boosted further by an upgrade from Credit Suisse analysts to ‘neutral’ in a report issued to investors.

Oil companies Soco International, Afren and Premier Oil were all tracking oil prices higher, while Nostrum Oil & Gas bucked the trend, topping the fallers.

Meanwhile oil services group Hunting topped the risers after being upgraded to ‘buy’ by Deutsche Bank.

Supergroup was trading higher as its target price was raised by Cantor Fitsgerald from 1, 000p to 1, 200p.