FTSE 250 movers: Property and energy stock higher, Esure hit by downgrade
Property service group Countrywide and estate agent Savills were trading higher after George Osborne announced his approval of a series of new housing zones in the Budget, including Plymouth and Blackpool.
Countrywide
394.80p
16:35 05/03/21
Equity Investment Instruments
12,024.90
15:45 15/11/24
esure Group
279.60p
17:00 18/12/18
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
Health Care Equipment & Services
10,430.75
15:44 15/11/24
Insurance (non-life)
3,498.62
15:45 15/11/24
Mining
10,633.77
15:45 15/11/24
NOSTRUM OIL&GAS
£0.04
17:35 15/11/24
Oil & Gas Producers
8,043.72
15:45 15/11/24
Pharos Energy
21.40p
14:14 15/11/24
Real Estate Investment & Services
2,344.34
15:45 15/11/24
Riverstone Energy Limited
768.00p
08:30 15/11/24
Savills
1,056.00p
15:45 15/11/24
Spire Healthcare Group
220.00p
15:29 15/11/24
Vedanta Resources
832.60p
16:35 28/09/18
Spire Healthcare Group was also among the risers after JPMorgan raised their price target on the stock from 336p to 376p.
After a slow start, energy stocks such as Nostrum Oil & Gas, Riverstone Energy and Soco International pushed into positive territory, extending strong gains made on Tuesday on speculation about tax breaks in the North Sea.
Insurer Esure was in the red on a downgrade from equities research analysts at Canaccord Genuity. The broker shifted its rating to ‘hold’, while also lowering its price target from 230p to 225p.
Mining stocks were retreating after solid gains on Tuesday, with Vedanta Resources leading the fallers.
Risers
Soco International (SIA) 147.80p +5.57%
Allied Minds (ALM) 662.50p +4.66%
Ted Baker (TED) 2,828.00p +3.78%
Amec Foster Wheeler (AMFW) 925.00p +3.53%
Savills (SVS) 766.50p +3.30%
Morgan Advanced Materials (MGAM) 342.70p +3.19%
Countrywide (CWD) 537.00p +3.07%
Spire Healthcare Group (SPI) 365.30p +2.99%
Riverstone Energy Limited (RSE) 1,036.00p +2.98%
Nostrum Oil & Gas (NOG) 566.00p +2.91%
Fallers
Vedanta Resources (VED) 421.30p -4.81%
Just Eat (JE.) 347.80p -4.71%
Bank of Georgia Holdings (BGEO) 1,761.00p -4.24%
Thomas Cook Group (TCG) 144.50p -4.05%
Afren (AFR) 3.08p -3.99%
Carillion (CLLN) 328.10p -2.99%
Premier Oil (PMO) 136.90p -2.84%
esure Group (ESUR) 221.20p -2.25%
Hunting (HTG) 464.30p -2.03%
Cairn Energy (CNE) 150.80p -2.01%