FTSE 250 movers: Balfour higher on cost saving pledge, miners and oil stocks lower
Shares in UK construction firm Balfour Beatty rose as it pledged to implement cost saving measures after reporting deep losses last year which forced it to suspend its dividend.
Balfour Beatty
439.80p
15:44 15/11/24
Bellway
2,520.00p
15:45 15/11/24
Card Factory
80.10p
15:44 15/11/24
Construction & Materials
12,379.56
15:44 15/11/24
Financial Services
16,492.39
15:44 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
General Retailers
4,597.92
15:44 15/11/24
Harbour Energy
253.90p
15:44 15/11/24
Household Goods & Home Construction
11,324.30
15:45 15/11/24
Hunting
304.50p
15:30 15/11/24
International Personal Finance
131.00p
15:44 15/11/24
Media
12,522.60
15:45 15/11/24
Mining
10,633.77
15:45 15/11/24
Mony Group
190.70p
15:44 15/11/24
Oil & Gas Producers
8,043.72
15:45 15/11/24
Oil Equipment, Services & Distribution
4,928.34
16:30 25/09/24
Pharos Energy
21.40p
14:14 15/11/24
Polymetal International
215.00p
16:35 31/07/23
Vedanta Resources
832.60p
16:35 28/09/18
Housebuilder Bellway surged as profits jumped to a record high in the first six months of its financial year, prompting the company to hike its interim dividend by 56.3%.
Meanwhile, Moneysupermarket dipped after founder Simon Nixon tried to place ÂŁ35m of his shares in the company on Tuesday after markets had closed, only to pull the placing on Wednesday morning as investors seemed likely not to buy in to it.
Card Factory was also trading lower as despite impressive full-year results, as investors were disappointed not to receive a special dividend.
International Personal Finance reversed from gains made on Tuesday as a result of an upgrade from Berenberg Bank.
Miners Vedanta Resources, Hunting, Acacia Mining and Polymetal International were all in the red, as were oil stocks Soco International and Premier Oil.
Risers
Balfour Beatty (BBY) 246.00p +6.40%
Hunting (HTG) 532.00p +6.40%
Soco International (SIA) 170.10p +5.65%
Premier Oil (PMO) 150.00p +5.63%
Redrow (RDW) 360.20p +4.59%
Bellway (BWY) 2,071.00p +3.34%
Polymetal International (POLY) 570.50p +2.98%
Just Eat (JE.) 388.00p +2.65%
Bank of Georgia Holdings (BGEO) 1,748.00p +2.46%
Acacia Mining (ACA) 271.50p +2.45%
Fallers
Moneysupermarket.com Group (MONY) 271.50p -5.07%
Card Factory (CARD) 283.80p -4.77%
RPS Group (RPS) 237.50p -4.54%
Ocado Group (OCDO) 333.40p -3.56%
Thomas Cook Group (TCG) 141.10p -3.42%
International Personal Finance (IPF) 489.10p -3.05%
Greencore Group (GNC) 318.30p -2.90%
Ted Baker (TED) 2,727.00p -2.54%
Mitchells & Butlers (MAB) 440.60p -2.46%
Aveva Group (AVV) 1,498.00p -2.35%