FTSE 250 movers: Oil, gold and metal mining firms on the decline while retail sees an upswing
Telecom firm Spirent Communications was rising on Thursday after being given a hold consensus recommendation by the 12 ratings firms currently covering the company. Liberum Capital upgraded the group to a 'buy' rating. The broker claimed: “Spirent is cheaper than its peers on all EV metrics and is a potential take-out target with leading IP".
Centamin (DI)
142.10p
15:45 15/11/24
EnQuest
12.06p
15:09 15/11/24
Evraz
0.00p
17:30 25/09/24
Food & Drug Retailers
4,369.80
15:45 15/11/24
FTSE 250
20,508.75
15:45 15/11/24
FTSE 350
4,453.56
15:45 15/11/24
FTSE All-Share
4,411.85
15:45 15/11/24
Harbour Energy
253.90p
15:44 15/11/24
Hochschild Mining
206.00p
15:44 15/11/24
Industrial Metals & Mining
5,967.24
15:45 15/11/24
Lonmin
75.60p
11:03 14/06/19
Mining
10,633.77
15:45 15/11/24
Ocado Group
322.30p
15:45 15/11/24
Oil & Gas Producers
8,043.72
15:45 15/11/24
Ophir Energy
57.50p
16:39 21/05/19
Pharos Energy
21.40p
14:14 15/11/24
Spirent Communications
171.90p
15:40 15/11/24
Technology Hardware & Equipment
1,920.18
16:30 25/09/24
Online supermarket Ocado Group also increased after announcing 20.4% growth in full-year gross sales. Chief executive officer Tim Steiner said: “We remain committed to constantly improving the quality of the proposition to customers, which we believe will support continued growth, and although we anticipate the retail environment to remain challenging, we expect to continue growing sales slightly ahead of the online grocery market."
Meanwhile, oil and gas companies were dropping as oil prices continue their decline. EnQuest, Soco International, Ophir Energy and Premier Oil, were all sliding early in the day. EnQest was downgraded to a sell rating by analysts at Danske in a research note issues to investors on Thursday.
Gold, minerals and metal mining companies were also falling on Thursday. Centamin, Hochschild Mining, Evraz and Lonmin were ranked on the fallers list early in the day alongside declining gold futures.
FTSE 250 - Risers
Spirent Communications (SPT) 70.20p +6.12%
Ocado Group (OCDO) 348.00p +4.19%
Just Retirement Group (JRG) 144.70p +4.10%
Tullett Prebon (TLPR) 255.50p +3.23%
Kier Group (KIE) 1,469.00p +3.23%
Laird (LRD) 312.00p +2.90%
COLT Group SA (COLT) 136.70p +2.01%
Micro Focus International (MCRO) 1,072.00p +2.00%
Entertainment One Limited (ETO) 305.50p +1.80%
AO World (AO.) 285.80p +1.71%
FTSE 250 - Fallers
EnQuest (ENQ) 35.83p -4.73%
Soco International (SIA) 243.60p -4.28%
Bank of Georgia Holdings (BGEO) 1,971.00p -4.27%
Centamin (DI) (CEY) 49.18p -4.04%
Ophir Energy (OPHR) 115.50p -3.99%
Hochschild Mining (HOC) 84.60p -3.86%
Evraz (EVR) 134.30p -3.80%
Lonmin (LMI) 157.30p -3.56%
Premier Oil (PMO) 167.20p -3.41%
Brown (N.) Group (BWNG) 338.40p -3.37%