FTSE 250 movers: Ocado in favour, but Pets at Home in the dog house

London mid-cap shares traded broadly flat on Monday afternoon, with the FTSE index up 0.16% at 16,870 points at 1355 BST.

Shares in online grocer Ocado rose on the back of reports that the company could be on the verge of agreeing a technology deal with an international retailer, according to the Daily Telegraph.

Power group Drax rose more than 4% after Exane BNP Paribas rated the stock at 'outperform'.

Kaz Minerals shares were still losing their lustre after last week's Deutsch Bank downgrade to 'hold'.

Pets at Home group shares were in the dog house after news on Monday that the company had delayed the joining date of Graeme Jenkins as group chief financial officer.

In a statement, the company said the appointment had been "postponed" following recent reports of an investigation into supplier payments at Target Australia, Jenkins’ previous employer.

FTSE 250 (MCX) 16,870.61 0.16%

FTSE 250 - Risers

Stagecoach Group (SGC) 267.40p 7.00%
Brewin Dolphin Holdings (BRW) 272.60p 5.45%
Ocado Group (OCDO) 315.90p 5.05%
Drax Group (DRX) 283.00p 4.27%
Wizz Air Holdings (WIZZ) 1,885.00p 3.57%
Softcat (SCT) 321.60p 3.21%
McCarthy & Stone (MCS) 261.10p 2.67%
Aldermore Group (ALD) 211.00p 2.23%
Greencore Group (GNC) 384.50p 2.21%
Tate & Lyle (TATE) 587.00p 2.18%

FTSE 250 - Fallers

Kaz Minerals (KAZ) 160.50p -3.60%
Pets at Home Group (PETS) 256.90p -3.06%
OneSavings Bank (OSB) 309.10p -3.01%
Serco Group (SRP) 99.90p -2.73%
Just Retirement Group (JRP) 150.50p -2.65%
Senior (SNR) 222.20p -2.54%
Countrywide (CWD) 372.60p -2.54%
Restaurant Group (RTN) 376.90p -2.43%
Ibstock (IBST) 200.10p -2.39%
Ophir Energy (OPHR) 75.65p -2.39%