FTSE 250 movers: house builders in focus as mid caps sour
FTSE 250 stocks ended on a sour note with residential property-linked stocks figuring prominently among the fallers as UK construction data disappointed.
Acacia Mining
234.00p
16:45 16/09/19
Aldermore Group
n/a
n/a
AO World
107.60p
16:35 03/05/24
Banks
4,215.47
16:54 03/05/24
Bellway
2,610.00p
16:45 03/05/24
Bodycote
696.00p
16:40 03/05/24
Centamin (DI)
120.80p
16:49 03/05/24
Clarkson
3,920.00p
16:35 03/05/24
Close Brothers Group
476.00p
16:40 03/05/24
Construction & Materials
10,131.33
16:54 03/05/24
Crest Nicholson Holdings
194.50p
16:40 03/05/24
Daejan Holdings
8,050.00p
16:30 07/05/20
Financial Services
14,418.79
16:54 03/05/24
FTSE 250
20,164.54
17:00 03/05/24
FTSE 350
4,515.50
16:54 03/05/24
FTSE All-Share
4,469.09
17:14 03/05/24
General Retailers
3,936.57
16:54 03/05/24
Hochschild Mining
151.20p
16:45 03/05/24
Household Goods & Home Construction
13,389.34
16:54 03/05/24
Indivior
1,435.00p
16:54 03/05/24
Industrial Engineering
13,534.47
16:54 03/05/24
Industrial Transportation
4,149.58
16:54 03/05/24
Kier Group
136.80p
16:40 03/05/24
Media
11,969.28
16:54 03/05/24
Mining
10,084.30
16:54 03/05/24
Moneysupermarket.com Group
229.60p
16:40 03/05/24
Pharmaceuticals & Biotechnology
23,112.61
16:54 03/05/24
Polymetal International
215.00p
16:35 31/07/23
Real Estate Investment & Services
2,297.70
16:54 03/05/24
Redrow
678.00p
17:15 03/05/24
Rightmove
543.60p
16:40 03/05/24
Shawbrook Group
339.50p
16:34 23/08/17
Vedanta Resources
832.60p
16:35 28/09/18
Clarkson led to the downside as it warned full-year 2016 profits would be "materially lower" on the year due to lower freight rates, quiet capital markets and weak investor confidence.
Thereafter the top-10 ladder of mid-cap losers was linked to residential property.
Rightmove flopped following Barclays slashed its recommendation to 'underweight' from 'overweight,' and cut its target price to 4,300p from 4,550p.
Also in the media sector, Moneysupermarket.com was cut by Barclays to 'equalweight' from 'overweight' with target price lowered to 260p from 390p.
Property, residential, construction and services group Kier did its best to reassure investors over its viability on Monday, in the wake of the EU referendum.
It said its underlying trading performance had remained in line with management expectations.
Bovis Homes, Bellway and Redrow were also under the cosh as Brexit jitters engulfed the residential property market and focuses turned to the impact of UK house prices.
To the upside, Aldemore firmed after chairman Glyn Jones went bottom-fishing in shares of his company, picking up ÂŁ118,883.00-worth of stock on 30 June.
This was received as a positive move by the market, shares in the so-called 'challenger' bank had been mauled in the aftermath of the Brexit vote.
Market Movers
FTSE 250 (MCX) 16,116.70 -2.12%
FTSE 250 - Risers
Acacia Mining (ACA) 482.90p 4.25%
AO World (AO.) 147.20p 3.37%
Hochschild Mining (HOC) 202.90p 3.26%
Centamin (DI) (CEY) 146.20p 3.25%
Vedanta Resources (VED) 444.10p 2.89%
Indivior (INDV) 255.70p 2.20%
Daejan Holdings (DJAN) 4,953.00p 2.10%
Bodycote (BOY) 540.00p 2.08%
Polymetal International (POLY) 1,081.00p 1.89%
Aldermore Group (ALD) 123.10p 0.90%
FTSE 250 - Fallers
Clarkson (CKN) 1,850.00p -16.10%
Moneysupermarket.com Group (MONY) 244.80p -10.98%
Crest Nicholson Holdings (CRST) 362.90p -8.13%
Bovis Homes Group (BVS) 708.50p -7.41%
Shawbrook Group (SHAW) 160.00p -7.03%
Rightmove (RMV) 3,500.00p -6.37%
Bellway (BWY) 1,852.00p -6.24%
Redrow (RDW) 312.20p -6.11%
Kier Group (KIE) 987.00p -6.00%
Close Brothers Group (CBG) 1,070.00p -5.89%