FTSE 250 movers: Miners higher, Debenhams weaker on downgrade
Vedanta Resources topped the risers, despite cutting its capital expenditure budget for 2015 by $400m and halving its 2016 budget.
Debenhams
1.83p
15:45 08/04/19
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
Hikma Pharmaceuticals
1,798.00p
15:45 15/11/24
KAZ Minerals
849.00p
16:40 10/05/21
Lonmin
75.60p
11:03 14/06/19
Mining
10,633.77
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
Pharmaceuticals & Biotechnology
19,259.77
15:45 15/11/24
Vedanta Resources
832.60p
16:35 28/09/18
Miners Lonmin and Kaz Minerals were making gains on the rising three-month copper futures, which were 1.5% higher.
Ophir Energy was boosted as investment analysts at Deutsche Bank raised their price target on shares from 180p to 185p.
Meanwhile, Debenhams was trading lower after the department store was downgraded by N+1 Singer, who moved its rating from ‘buy’ to ‘hold'.
Hikma Pharmaceuticals was in the red on its last day in the FTSE 250. The group will replace Tullow Oil in the FTSE 100 next week.
Risers
Vedanta Resources (VED) 547.00p +21.10%
Lonmin (LMI) 133.80p +6.44%
Kaz Minerals (KAZ) 218.90p +6.31%
Soco International (SIA) 170.00p +6.18%
Serco Group (SRP) 180.60p +5.86%
Barr (A.G.) (BAG) 679.00p +5.60%
Ophir Energy (OPHR) 135.90p +5.10%
AL Noor Hospitals Group (ANH) 1,055.00p +5.08%
Dechra Pharmaceuticals (DPH) 1,023.00p +4.87%
Acacia Mining (ACA) 259.80p +4.76%
Fallers
BTG (BTG) 760.00p -2.44%
Balfour Beatty (BBY) 234.70p -2.00%
Indivior (INDV) 198.30p -1.78%
Home Retail Group (HOME) 167.10p -1.65%
Ashmore Group (ASHM) 290.30p -1.63%
Hikma Pharmaceuticals (HIK) 2,228.00p -1.50%
ICAP (IAP) 541.50p -1.46%
Centamin (DI) (CEY) 52.95p -1.40%
Game Digital (GMD) 259.50p -1.33%
Spire Healthcare Group (SPI) 369.90p -1.25%