FTSE 250 movers: Miners fail to shine; G4S locks in gains after revenue boost

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Sharecast News | 04 May, 2017

Updated : 16:24

Kaz Minerals led the fallers on the FTSE 250 on Thursday afternoon as the sector suffered from falls in iron ore and copper futures.

Following suit were Vedanta Resources, Hochschild Mining and Polymetal International on a read across from their counterparts on the FTSE 100.

Integrated security company G4S was in the black after it reported a 9% jump in revenue for the first quarter and said it saw a strong start to the year.

In the three months to the end of March, revenues from the group's continuing businesses were 8.9% higher than the first quarter last year.

"Trends continued from 2016, with double-digit organic growth in developed markets and revenues broadly unchanged in emerging markets. New contract wins and the pipeline provide confidence in the group's expectation of average revenue growth in the range of 4-6% per annum," said chief executive Ashley Almanza.

Market Movers

FTSE 100 (UKX) 7,226.98 -0.10%
FTSE 250 (MCX) 19,679.90 -0.02%
techMARK (TASX) 3,527.11 0.03%

FTSE 250 - Risers

G4S (GFS) 326.80p 3.91%
Mitie Group (MTO) 237.40p 2.64%
Grafton Group Units (GFTU) 765.00p 2.07%
Euromoney Institutional Investor (ERM) 1,096.00p 2.05%
John Laing Group (JLG) 291.60p 1.96%
SSP Group (SSPG) 449.10p 1.81%
Berendsen (BRSN) 863.50p 1.71%
Vesuvius (VSVS) 539.00p 1.70%
Homeserve (HSV) 696.00p 1.68%
Thomas Cook Group (TCG) 92.90p 1.64%

FTSE 250 - Fallers

Kaz Minerals (KAZ) 442.40p -9.64%
Vedanta Resources (VED) 594.00p -6.82%
Centamin (DI) (CEY) 153.20p -6.13%
Ladbrokes Coral Group (LCL) 121.70p -5.22%
Hochschild Mining (HOC) 235.50p -3.72%
Derwent London (DLN) 2,878.00p -3.10%
Restaurant Group (RTN) 338.70p -3.09%
Polymetal International (POLY) 958.00p -3.09%
Hunting (HTG) 535.00p -2.64%
Nostrum Oil & Gas (NOG) 456.70p -2.46%

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