Jack Pusey Sharecast News

29 Jan, 2015 15:20 29 Jan, 2015 16:36

FTSE 250 movers: Kaz Minerals surges after hitting annual targets, energy stocks fall

Kaz Minerals topped the risers after revealing it met its annual production target for 2014 with an output of 83,500 tonnes. Kaz’s new gold and copper mine at Bozymchak, Kazakhstan, made its first shipment of concentrate at the end of 2014.

Afren

1.79p

16:34 14/07/15

15.71%

0.24p

Dairy Crest Group

620.50p

16:34 12/04/19

0.00%

0.00p

Food Producers & Processors

7,955.04

15:44 15/11/24

-1.87%

-151.91

FTSE 250

20,508.75

15:45 15/11/24

n/a

FTSE 350

4,453.56

15:45 15/11/24

n/a

FTSE All-Share

4,411.85

15:45 15/11/24

n/a

Hunting

304.50p

15:30 15/11/24

1.00%

3.00p

KAZ Minerals

849.00p

16:40 10/05/21

0.00%

0.00p

Mining

10,633.77

15:45 15/11/24

1.51%

158.40

Oil & Gas Producers

8,043.72

15:45 15/11/24

1.32%

105.17

Oil Equipment, Services & Distribution

4,928.34

16:30 25/09/24

0.00%

0.00

Petrofac Ltd.

11.20p

15:34 15/11/24

0.09%

0.01p

Pharos Energy

21.40p

14:14 15/11/24

0.00%

0.00p

Wood Group (John)

49.84p

15:39 15/11/24

-1.70%

-0.86p

Dairy Crest was also trading higher after signing a three-year contract with Morrison alongside Arla Foods, supplying high volumes of cheese, butter and soft spreads. Morrisons corporate services director said: “By working with Dairy Crest, we will be reaching a greater number of farmers that we would with a single dairy company.”

As blue chip Shell missed profit forecasts and cut potential spending by $15bn over the next three years, others in the sector were dragged lower such as Afren and Soco International. Soco also disappointed by revealing that its forecast for 2015 production has been lowered.

News of less investment by Shell, one of the biggest oil groups in the world, was also weighing on stocks in the energy services and equipment sectors, such as Amec Foster Wheeler, Petrofac, Wood Group and Hunting.

Risers
Kaz Minerals (KAZ) 201.80p +5.05%
Nostrum Oil & Gas (NOG) 580.00p +3.57%
Infinis Energy (INFI) 191.00p +2.14%
IP Group (IPO) 230.60p +2.04%
Cairn Energy (CNE) 184.70p +1.93%
Ophir Energy (OPHR) 128.30p +1.91%
Jimmy Choo (CHOO) 175.00p +1.74%
Dairy Crest Group (DCG) 495.00p +1.62%
Bovis Homes Group (BVS) 836.00p +1.58%
Countrywide (CWD) 455.00p +1.54%

Fallers
Acacia Mining (ACA) 272.30p -5.52%
Amec Foster Wheeler (AMFW) 789.00p -5.23%
Hunting (HTG) 395.70p -4.58%
Soco International (SIA) 267.40p -4.50%
PayPoint (PAY) 840.50p -4.43%
Petrofac Ltd. (PFC) 666.50p -4.17%
Centamin (DI) (CEY) 65.90p -4.15%
Serco Group (SRP) 153.00p -4.14%
Vedanta Resources (VED) 373.60p -4.11%
IG Group Holdings (IGG) 726.00p -4.10%