FTSE 250 movers: Miners higher, Debenhams weaker on downgrade

Vedanta Resources topped the risers, despite cutting its capital expenditure budget for 2015 by $400m and halving its 2016 budget.

Miners Lonmin and Kaz Minerals were making gains on the rising three-month copper futures, which were 1.5% higher.

Ophir Energy was boosted as investment analysts at Deutsche Bank raised their price target on shares from 180p to 185p.

Meanwhile, Debenhams was trading lower after the department store was downgraded by N+1 Singer, who moved its rating from ‘buy’ to ‘hold'.

Hikma Pharmaceuticals was in the red on its last day in the FTSE 250. The group will replace Tullow Oil in the FTSE 100 next week.

Risers
Vedanta Resources (VED) 547.00p +21.10%
Lonmin (LMI) 133.80p +6.44%
Kaz Minerals (KAZ) 218.90p +6.31%
Soco International (SIA) 170.00p +6.18%
Serco Group (SRP) 180.60p +5.86%
Barr (A.G.) (BAG) 679.00p +5.60%
Ophir Energy (OPHR) 135.90p +5.10%
AL Noor Hospitals Group (ANH) 1,055.00p +5.08%
Dechra Pharmaceuticals (DPH) 1,023.00p +4.87%
Acacia Mining (ACA) 259.80p +4.76%

Fallers
BTG (BTG) 760.00p -2.44%
Balfour Beatty (BBY) 234.70p -2.00%
Indivior (INDV) 198.30p -1.78%
Home Retail Group (HOME) 167.10p -1.65%
Ashmore Group (ASHM) 290.30p -1.63%
Hikma Pharmaceuticals (HIK) 2,228.00p -1.50%
ICAP (IAP) 541.50p -1.46%
Centamin (DI) (CEY) 52.95p -1.40%
Game Digital (GMD) 259.50p -1.33%
Spire Healthcare Group (SPI) 369.90p -1.25%