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FTSE 250 movers: Anglo Eastern jumps; Ceres gives up gains
(Sharecast News) - FTSE 250 (MCX) 22,239.99 -0.16% Anglo-Eastern Plantations jumped after reporting higher output and better prices in the first nine months of the year.
The company added that it had agreed to buy Admiral Potential for around $9m to expand the group's landbank and enhance supply.
"We've achieved good operational progress in the first nine months, with further strategic land acquisition opportunities ahead. Elevated crude palm oil prices have strengthened cash generation, giving us a solid financial base to support future growth and deliver long-term shareholder value," the company said on Friday.
On a quiet day of trading Ceres Power Holdings led the fallers as investors took profits after UBS on Wednesday almost tripled its share price target, citing accelerating demand for the company's solid oxide fuel cell (SOFC) technology and an improving financial outlook.
FTSE 250 - Risers
Anglo-Eastern Plantations (AEP) 1,410.00p 7.22% Pinewood Technologies Group (PINE) 375.50p 3.30% IP Group (IPO) 61.50p 2.50% International Public Partnerships Ltd. (INPP) 126.80p 1.93% AO World (AO.) 107.80p 1.70% Oxford Instruments (OXIG) 1,918.00p 1.37% Avon Technologies (AVON) 1,926.00p 1.37% BioPharma Credit (BPCR) 0.91p 1.34% Chemring Group (CHG) 579.00p 1.22% JPMorgan Japanese Inv Trust (JFJ) 747.00p 1.22%
FTSE 250 - Fallers
Ceres Power Holdings (CWR) 279.40p -3.79% Frasers Group (FRAS) 736.50p -3.03% Drax Group (DRX) 729.00p -2.61% Playtech (PTEC) 267.00p -2.55% Safestore Holdings (SAFE) 712.00p -1.93% VinaCapital Vietnam Opportunity Fund Ltd. (VOF) 460.00p -1.92% Vistry Group (VTY) 651.80p -1.87% THG (THG) 46.40p -1.78% Fidelity China Special Situations (FCSS) 319.50p -1.39% Pennon Group (PNN) 518.00p -1.33%
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