News

CATEGORY: RISERS AND FALLERS     SECTOR: SUPPORT SERVICES

FTSE 250 movers: SIG lower after bad weather hits sales

Tue 10 Jul 2012

LONDON (SHARECAST) - SIG, the building products distributor, fell after saying it was buffeted by bad weather and a weak euro in the first half, with more challenges ahead in the second. The firm expects its six month figures to be broadly flat in constant currency terms, but said that total sales in the first half fell by nearly four per cent in sterling terms. 



Some market commentary is attributing the rise in shares of Afren to
reports in the Daily Mail to the effect that Exxon Mobil and Eni may bid for the company.



Online gaming firm bwin.party dropped after revealing that it has been hit by weak poker revenues and the lack of shock results at the Euro 2012 football championship.

Meanwhile, iron ore producer Ferrexpo rose after seeing pellet production rise in the second quarter, though year-to-date production is down year-on-year because of lower availability of third party concentrate.


FTSE 250 - Risers
Afren (AFR) 114.70p +9.45%
Interserve (IRV) 335.60p +5.77%
Ferrexpo (FXPO) 209.70p +5.06%
Renishaw (RSW) 1,370.00p +4.18%
Cape (CIU) 281.10p +4.07%
Shanks Group (SKS) 79.90p +3.90%
Hunting (HTG) 741.00p +3.71%
International Personal Finance (IPF) 249.60p +3.65%
Chemring Group (CHG) 286.70p +3.20%
Hays (HAS) 73.15p +3.17%

FTSE 250 - Fallers
Avocet Mining (AVM) 67.80p -6.80%
SIG (SHI) 91.70p -4.53%
Home Retail Group (HOME) 81.85p -3.25%
Aquarius Platinum Ltd. (AQP) 40.25p -3.22%
Essar Energy (ESSR) 114.70p -2.96%
Filtrona PLC (FLTR) 460.50p -2.85%
Balfour Beatty (BBY) 302.90p -2.60%
Bwin.party Digital Entertainment (BPTY) 105.00p -2.60%
FirstGroup (FGP) 206.10p -2.55%
Rank Group (RNK) 119.20p -2.46%

NR
 
SHI - SIG

Latest Prices

Name Price %
SIG 173.30p -0.06%
Bwin.party Digital Entertainment 131.40p -1.87%
Ferrexpo 170.40p -2.85%
 
FTSE 250 14,393 -0.79%
FTSE 350 3,577 -0.66%
FTSE All-Share 3,507 -0.64%
Industrial Metals & Mining 1,639 -2.09%
Support Services 6,057 -0.69%
Travel & Leisure 6,390 -0.97%

Archived Stories

20 May Monday broker round-up UPDATE
16 May SIG warns of ongoing tough conditions as group sales fall
14 May Tuesday broker round-up UPDATE
10 May Friday broker round-up UPDATE
02 Apr Tuesday broker round-up UPDATE

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