LONDON (ShareCast) - European Central Bank Chairman Mario Draghi is as popular today as the guy who stands in the bar and shouts 'the drinks are on me', after he unveiled the central bank's commitment to hoover up sovereign debt of Eurozone countries in the secondary market.
The move has prompted a rally worldwide by stock markets, which is music to the ears of fund managers such as Henderson Group (Frankfurt: A0Q9SW - news) , Man Group (LSE: EMG.L - news) and Jupiter Fund Management, all of which feature prominently among the best performing FTSE 250 (FTSE: ^FTMC - news) stocks.
Consumer electricals goods seller Dixons gives back some of the gains made yesterday after a well-received trading update. The results were not enough to persuade Nomura to change its "neutral" rating or 20p price target.
Properties web site Rightmove (Other OTC: RTMVF.PK - news) and storage company Big Yellow Group (Xetra: 539971 - news) are both off the pace after the Halifax House Price Index yesterday revealed house prices fell 0.4% in August in the UK.
FTSE 250 - Risers
Ferrexpo (Stuttgart: A0MRG2 - news) (FXPO) 182.60p +18.03%
Tullett Prebon (Munich: A0LET0 - news) (TLPR) 313.80p +8.32%
Hunting (LSE: HTG.L - news) (HTG) 865.50p +7.78%
Ocado Group (Xetra: A1C2GZ - news) (OCDO) 68.00p +6.25%
Bank of Georgia Holdings (BGEO) 1,245.00p +6.23%
Lonmin (Berlin: LRH.BE - news) (LMI) 603.00p +6.16%
Morgan Crucible Co (LSE: MGCR.L - news) (MGCR) 280.80p +5.68%
Henderson Group (HGG) 110.70p +5.53%
Man Group (EMG) 80.55p +5.29%
Jupiter Fund Management (JUP) 247.10p +5.01%
FTSE 250 - Fallers
Ophir Energy (OPHR) 616.50p -2.53%
De La Rue (LSE: DLAR.L - news) (DLAR) 1,004.00p -2.43%
Moneysupermarket (Xetra: A0MW73 - news) .com Group (MONY) 141.30p -2.42%
Dixons Retail (Other OTC: DSITF.PK - news) (DXNS) 19.43p -2.12%
Barr (A.G.) (BAG) 472.00p -1.99%
Rathbone Brothers (LSE: RAT.L - news) (RAT) 1,346.00p -1.75%
Big Yellow Group (BYG) 317.60p -1.40%
Rightmove (LSE: RMV.L - news) (RMV) 1,608.00p -1.35%
Filtrona PLC (FLTR) 531.50p -1.30%
Daejan Holdings (DJAN) 2,898.00p -1.26%