FTSE 250 movers: Games Workshop builds, Indivior idles
London's FTSE 250 index was flat at 18,895.46 in afternoon trade on Wednesday, as tabletop gaming retailer Games Workshop topped the index.
Gambling outfits GVC Holdings and William Hill also climbed, with the former making gains ahead of the release of its first quarter trading statement next week.
Restaurant Group climbed as a note from Shore Capital said that "trading since the turn of the year appears solid, covering net cost inflation on our estimates, and with momentum on new site investment, coupled with merger synergies, pro-forma profit is expected to increase materially".
Pets at Home was boosted by an upgrade to 'buy' at Citi, where analysts argued that "management has articulated a viable plan to turn around the business, supported by a combination of strong market dynamics and company initiatives."
Anti-opioid addiction drug developer Indivior led the fallers, while Avast was also under the cosh after France's Sybil Holdings sold 95.4m shares in the company at 284p each, just two weeks after the cybersecurity provider announced that chief executive Vince Steckler was planning to retire this June after 10 years with the group.
Shipping services provider Clarkson dropped back lower after being the top gainer on Tuesday following non-executive director Peter Backhouse's purchase of 1,000 shares at 2,300p.
Finally, Hunting was lower as Canaccord analysts cut their target price for the stock from 775p to 650p as they made "a significant downgrade" to their forecasts for the year and beyond in reflection of the "major slowdown" in American investment that seems down to challenges in securing debt financing for shale plays as well as the economics of the industry
FTSE 250 (MCX) 18,895.46 0.00%
FTSE 250 - Risers
Games Workshop Group (GAW) 3,005.00p 5.44%
GVC Holdings (GVC) 537.32p 5.05%
Kier Group (KIE) 380.80p 4.27%
William Hill (WMH) 156.30p 3.58%
CYBG (CYBG) 197.60p 3.51%
Provident Financial (PFG) 528.40p 3.16%
Restaurant Group (RTN) 116.40p 3.10%
Euromoney Institutional Investor (ERM) 1,198.00p 3.10%
Pets at Home Group (PETS) 159.80p 2.70%
AJ Bell (AJB) 311.00p 2.69%
FTSE 250 - Fallers
Indivior (INDV) 94.87p -7.72%
Avast (AVST) 280.80p -5.39%
Vivo Energy (VVO) 121.00p -5.26%
Contour Global (GLO) 166.20p -5.03%
Clarkson (CKN) 2,300.00p -3.56%
Rank Group (RNK) 152.60p -3.42%
Hunting (HTG) 563.50p -3.18%
Hochschild Mining (HOC) 198.40p -3.17%
Sanne Group (SNN) 526.00p -3.13%
Stobart Group Ltd. (STOB) 154.30p -3.08%