FTSE 250 movers: Dixons Carphone gains on update; Kaz Minerals drops
London’s FTSE 250 was down 0.6% at 21,716.42 in afternoon trade on Tuesday.
Copper company Kaz Minerals was under the cosh amid worries about the spread of coronavirus in China.
Going the other way, Dixons Carphone was sitting pretty at the top of the index after reporting a rise in electricals revenue but a drop in mobile sales and saying it was on course to deliver on its full-year expectations.
In an update for the 10 weeks to 4 January, the operator of Currys PC World and Carphone Warehouse said overall group sales were down 2% on a reported basis and flat on a like-for-like basis. There was no change to the financial guidance given at the interim results.
SSP was trading higher after the Upper Crust owner posted a 7.5% rise in first-quarter revenue at constant currency and said it was confident of delivering another year of "strong growth".
IntegraFin racked up healthy gains after the financial investment platform operator reported a 4% rise in funds under direction for the quarter to the end of December. The company, which runs the Transact platform for financial advisers and clients, said FUD totalled £39.3bn. During the period the FTSE All Share Index rose by 3.3% and the MSCI World Index rose by 0.6%.
Chief executive Ian Taylor said the inflows were IntegraFin's highest for a first quarter.
FTSE 250 - Risers
Dixons Carphone (DC.) 149.50p 4.95%
Quilter (QLT) 163.35p 4.95%
SSP Group (SSPG) 685.00p 3.16%
Avast (AVST) 535.00p 2.29%
Brewin Dolphin Holdings (BRW) 369.00p 2.16%
Airtel Africa (AAF) 71.45p 2.07%
Kainos Group (KNOS) 852.00p 1.91%
Pets at Home Group (PETS) 285.00p 1.71%
IntegraFin Holding (IHP) 462.00p 1.54%
4Imprint Group (FOUR) 3,420.00p 1.18%
FTSE 250 - Fallers
Vesuvius (VSVS) 452.60p -3.66%
Fidelity China Special Situations (FCSS) 244.50p -3.36%
Wood Group (John) (WG.) 391.00p -3.22%
Hunting (HTG) 345.40p -3.20%
Cranswick (CWK) 3,460.00p -3.19%
RHI Magnesita N.V. (DI) (RHIM) 3,584.00p -3.19%
Senior (SNR) 164.70p -3.12%
Clarkson (CKN) 2,955.00p -2.96%
NewRiver REIT (NRR) 187.80p -2.90%
Kaz Minerals (KAZ) 540.00p -2.67%