FTSE 250 movers: RPS continues to tumble, miners higher
LONDON (ShareCast) - Shares (Berlin: DI6.BE - news) in RPS Group (LSE: RPS.L - news) continued Thursday's losses, when the industrial consultancy outfit said the continuing volatility in the oil and gas sector meant its energy business had a slower-than-expected start to the year. Stockmarket newcomer Virgin Money was climbing after it increased its share of the mortgage market to 3.6% in the first quarter.
Insurer Esure was in demand after Barclays Capital lifted its ratings on the stock to 'overweight' .
Mining stocks were trading higher as weak Chinese data gave metal prices a lift. Vedanta Resources (Other OTC: VDNRF - news) , BlackRock World Mining Trust and Polymetal International (LSE: POLY.L - news) were all making gains.
Al Noor Hospital Group dipped after analysts at Investec (LSE: INVP.L - news) cut their price target on the stock from 1,170 to 1,030 on Thursday.
Laundry services group Berendsen (LSE: BRSN.L - news) continued to decline after first quarter sales, released on Thursday, fell 5% due to strong currency headwinds and troubles in the UK with a hotel linen contract. Berendsen said its UK flat linen division suffered from contract issue from the group's hotel division.
Risers Vedanta Resources (VED) 659.00p +4.85% IP Group (LSE: IPO.L - news) (IPO) 205.70p +4.42% esure Group (ESUR) 227.60p +4.31% Evraz (EVR) 195.40p +3.00% BlackRock World Mining Trust (BRWM) 323.90p +2.50% Essentra (ESNT) 983.00p +2.29% Centamin (DI (KSE: 003160.KS - news) ) (CEY) 64.85p +2.13% Alent (ALNT) 367.20p +1.94% Bodycote (BOY) 701.00p +1.89% Acacia Mining (LSE: ACA.L - news) (ACA) 294.00p +1.77% Fallers RPS Group (RPS) 204.80p -3.85% AO World (Other OTC: AOWDF - news) (AO.) 179.80p -3.59% Allied Minds (Other OTC: ALLWF - news) (ALM) 635.00p -2.76% Greggs (GRG) 1,160.00p -2.44% Serco Group (Other OTC: SECCF - news) (SRP) 130.50p -2.32% Supergroup (SGP) 1,008.00p -2.14% AL Noor Hospitals Group (ANH) 879.50p -2.06% Berendsen (BRSN) 1,020.00p -1.73% Countrywide (CWD) 516.00p -1.71% Greencore Group (LSE: GNC.L - news) (GNC) 348.70p -1.69%