FTSE 250 movers: Oil and Gas, and construction stocks move higher

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Sharecast News | 24 Mar, 2020

Updated : 21:45

17:19 27/12/24

  • 299.50
  • -1.80%-5.50
  • Max: 308.00
  • Min: 294.50
  • Volume: 47,520
  • MM 200 : n/a

Commodity and travel related stocks fared best as news of an imminent ramp-up in fiscal stimulus on both sides of the Atlantic enticed some investors to wade back into stocks.

Some analysts also spied an opportunity including those at SP Angel, who recommended Mining, Oil & Gas, Builders and Building Materials in particular.

"[There is an] opportunity for private investors to make substantial gains on buying key recovery stocks in this crisis," they said in a research note sent to clients.

Helping to boost shares in Energean specifically was news that several of its directors had picked up some shares on 19 and 20 March.

IWG meanwhile snapped back from the prior session's bout of selling.

Other commodity stocks that gained ground included Cairn Energy and KAZ Minerals, alongside large advances for 3i Infrastructure and Ibstock.

Market Movers

FTSE 100 (UKX) 5,446.01 9.05%
FTSE 250 (MCX) 14,172.73 8.37%
techMARK (TASX) 3,138.32 6.50%

FTSE 100 - Risers

Carnival (CCL) 1,062.00p 28.26%
Royal Dutch Shell 'B' (RDSB) 1,296.20p 22.91%
BP (BP.) 312.35p 21.58%
Anglo American (AAL) 1,320.00p 20.90%
Royal Dutch Shell 'A' (RDSA) 1,357.20p 20.38%
Evraz (EVR) 252.10p 19.99%
Phoenix Group Holdings (PHNX) 557.50p 19.26%
M&G (MNG) 139.00p 19.01%
JD Sports Fashion (JD.) 432.10p 18.77%
Intermediate Capital Group (ICP) 797.00p 18.51%

FTSE 100 - Fallers

Reckitt Benckiser Group (RB.) 5,683.00p -1.81%
Associated British Foods (ABF) 1,607.50p -1.23%
Ocado Group (OCDO) 1,245.00p -1.19%
ITV (ITV) 58.50p -0.03%
Croda International (CRDA) 4,186.00p 0.63%
Vodafone Group (VOD) 111.24p 0.94%
Bunzl (BNZL) 1,410.00p 1.08%
Smith (DS) (SMDS) 271.90p 1.19%
Unilever (ULVR) 3,936.50p 1.65%
Sainsbury (J) (SBRY) 203.00p 1.81%

FTSE 250 - Risers

William Hill (WMH) 55.50p 34.12%
Cineworld Group (CINE) 52.42p 31.43%
Cairn Energy (CNE) 89.25p 30.39%
FirstGroup (FGP) 52.15p 30.31%
3i Infrastructure (3IN) 237.00p 27.42%
Kaz Minerals (KAZ) 361.00p 26.49%
Energean Oil & Gas (ENOG) 456.00p 25.45%
GVC Holdings (GVC) 436.70p 23.75%
Sirius Real Estate Ltd. (SRE) 60.00p 23.46%
IWG (IWG) 163.25p 23.44%

FTSE 250 - Fallers

Hill & Smith Holdings (HILS) 1,071.00p -7.43%
Bakkavor Group (BAKK) 66.50p -5.00%
McCarthy & Stone (MCS) 48.26p -4.62%
Games Workshop Group (GAW) 4,106.00p -4.33%
Biffa (BIFF) 228.00p -4.20%
Hiscox Limited (DI) (HSX) 949.00p -2.67%
Hastings Group Holdings (HSTG) 170.80p -2.40%
CLS Holdings (CLI) 164.60p -2.00%
Sabre Insurance Group (SBRE) 242.00p -1.83%
Inchcape (INCH) 451.60p -1.61%

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