FTSE 250 movers: Jimmy Choo boosted by Barclays coverage, Synthomer lower on disappointing profits
Mid-caps were trading slightly higher on Thursday, though weakness in the industrial metals, transport and technology provided a drag on gains.
Acacia Mining
234.00p
16:45 16/09/19
Chemicals
7,826.03
16:49 20/09/24
Evraz
0.00p
17:30 03/09/24
FTSE 250
20,831.84
16:39 20/09/24
FTSE 350
4,543.89
16:49 20/09/24
FTSE All-Share
4,501.08
17:04 20/09/24
Hunting
404.00p
16:40 20/09/24
Industrial Metals & Mining
5,903.39
16:49 20/09/24
Jimmy Choo
230.00p
16:30 30/10/17
Lonmin
75.60p
11:03 14/06/19
Mining
11,503.14
16:49 20/09/24
Oil Equipment, Services & Distribution
4,928.34
16:30 13/09/24
Personal Goods
10,175.21
16:49 20/09/24
Serco Group
176.00p
16:54 20/09/24
Support Services
11,316.20
16:49 20/09/24
Synthomer
222.00p
16:54 20/09/24
As of 16:00 BST, the FTSE 250 was trading 0.2% higher at 17,674.
Jimmy Choo was trading higher after Barclays initiated coverage on the stock with an 'overweight' recommendation and a price target of 208p on expectations of stronger growth than its sector peers.
Outsourcer Serco was extending gains made on Wednesday following a strong first-half trading update, as Numis raised its rating on the stock to ‘hold’.
Synthomer dipped as operating profits in its European and North American divisions tumbled, due to weak demand and higher raw material prices.
Hunting declined as it revealed its operating profit plunged in the first half amid a declining rig count and lower oil prices.
Miners Evraz, Lonmin and Acacia Mining were trading in the red as metal prices tentatively recovered from a three-day decline.
Risers
Serco Group (SRP) 131.60p +11.53%
BTG (BTG) 684.50p +9.00%
Jimmy Choo (CHOO) 170.00p +8.42%
Supergroup (SGP) 1,287.00p +4.72%
Keller Group (KLR) 1,066.00p +4.20%
Ted Baker (TED) 3,037.00p +4.15%
Cineworld Group (CINE) 479.20p +3.97%
Redrow (RDW) 460.00p +3.86%
Drax Group (DRX) 361.50p +3.82%
AA (AA.) 383.40p +3.43%
Fallers
Evraz (EVR) 113.10p -8.20%
Hunting (HTG) 576.50p -5.49%
Zoopla Property Group (WI) (ZPLA) 264.80p -4.75%
Lonmin (LMI) 106.70p -4.65%
ICAP (IAP) 505.00p -4.63%
Homeserve (HSV) 425.00p -3.47%
Foxtons Group (FOXT) 229.60p -3.08%
Acacia Mining (ACA) 292.90p -2.98%
Alent (ALNT) 362.90p -2.66%
Grainger (GRI) 223.10p -2.45%