FTSE 250 movers: Acacia shines on solid interims
Shares in Acacia Mining soared as interim pre-tax profits rose to $101m from $25m as gold prices and sales surged while costs fell.
Gold production rose 12% to 412,025 ounces for the half, with gold sales of 400,963 ounces
The gold miner said it was now expecting to deliver at or above the upper end of the full year production guidance of 750,000 - 780,000 ounces, and at the lower end of all in sustaining costs of $950-$980 per ounce.
The £1.4bn combination of Sainsbury's and Argosowner Home Retail Group was a step closer on Friday, with the Competition and Markets Authority dropping its investigation and allowing the acquisition by the supermarket to proceed. HRG shares jumped 3.5% on the news.
OneSavings Bank and Shawbrook continued in the doldrums with shares in both lower on the day.
Market Movers
FTSE 250 (MCX) 17,012.35 -0.21%
FTSE 250 - Risers
Acacia Mining (ACA) 556.00p 6.72%
Vedanta Resources (VED) 540.00p 3.85%
Home Retail Group (HOME) 154.70p 3.62%
Hochschild Mining (HOC) 228.60p 3.25%
Allied Minds (ALM) 371.70p 3.08%
Millennium & Copthorne Hotels (MLC) 431.60p 2.35%
Rank Group (RNK) 238.50p 2.14%
Circassia Pharmaceuticals (CIR) 99.10p 2.01%
William Hill (WMH) 310.30p 1.97%
IP Group (IPO) 150.00p 1.90%
FTSE 250 - Fallers
Vesuvius (VSVS) 340.40p -5.68%
Zoopla Property Group (WI) (ZPLA) 270.20p -5.59%
Countrywide (CWD) 240.70p -4.75%
OneSavings Bank (OSB) 202.00p -4.08%
Redrow (RDW) 317.90p -4.04%
Shawbrook Group (SHAW) 166.80p -3.92%
Crest Nicholson Holdings (CRST) 405.40p -3.71%
Daejan Holdings (DJAN) 5,330.00p -3.62%
Britvic (BVIC) 592.00p -3.58%
Pagegroup (PAGE) 324.90p -2.87%