LONDON (ShareCast) - SVG Capital (Other OTC: SVGCF.PK - news) , the private equity investor which owns Hugo Boss (Xetra: 524550 - news) and Birds Eye frozen food firm Iglo, was wanted after seeing a sharp rise in its net asset value (NAV). The 10.9% upward movement in NAV has been driven by a significant increase in the valuation of Hugo Boss, which rose £96.1m between 2010 and 2011 on the back of improved earnings. Iglo jumped £18.1m. Bermuda-based insurance underwriter Catlin wasn't too far behind SVG after its gross premiums written climbed to $4.51bn from $4.07bn the year before, while net premiums written advanced to $3.84bn from $3.32bn. Meanwhile, net income before tax slumped to $71m in 2011 from $406m the year before. Meanwhile, SuperGroup (LSE: SGP.L - news) 's shares continued to tank following yesterday's announcement that full-year profits would come in at the lower end of expectations. A downgrade from Merchant Securities didn't do much to help either. Rank, a bingo, casino and online gaming company, was also falling after reducing its dividend and seeing a significant decline in revenue at its operations in Spain, though the casino business is coming up trumps. FTSE 250 (FTSE: ^FTMC - news) - Risers SVG Capital (SVI) 259.00p +8.82% Oxford Instruments (Other OTC: OXINF.PK - news) (OXIG) 1,080.00p +5.57% Catlin Group Ltd. (CGL) 442.80p +3.85% Kenmare Resources (Irish: JEV.IR - news) (KMR) 51.80p +3.08% Cable & Wireless Worldwide (CW.) 20.74p +3.08% Daejan Holdings (DJAN) 3,015.00p +3.04% Smith (DS) (SMDS) 170.50p +2.83% Spirit Pub Company (SPRT) 55.00p +2.80% Moneysupermarket (Xetra: A0MW73 - news) .com Group (MONY) 119.40p +2.58% Debenhams (LSE: DEB.L - news) (DEB) 70.25p +2.33% FTSE 250 - Fallers Supergroup (SGP (SNP: ^SGPY - news) ) 557.00p -3.88% Aquarius Platinum Ltd. (AQP) 157.00p -3.38% Atkins (WS) (ATK) 702.00p -2.97% Rank Group (Xetra: A0LGPG - news) (RNK) 139.20p -2.66% Ferrexpo (Stuttgart: A0MRG2 - news) (FXPO) 351.60p -2.60% Northgate (Other OTC: NGTEF.PK - news) (NTG) 242.00p -2.18% Cable & Wireless Communications (CWC) 42.80p -2.17% Redrow (Xetra: 906188 - news) (RDW) 127.50p -1.92% Ocado Group (Xetra: A1C2GZ - news) (OCDO) 109.20p -1.89% Misys (Xetra: 944235.DE - news) (MSY) 293.30p -1.74% NR
Credit cards
0% balance transfers up to 24 months, 0% purchases up to 15 months - compare 200+ credit cards insta … More »Credit cards
There are no comments yet