FTSE 250 movers: Centamin rebounds on fuel supply news

14th Dec 2012 16:08

Gold miner Centamin rebounded strongly after saying that the fuel supply to its Sukari mine in Egypt has resumed, after the Egyptian General Petroleum Corporation went back on yesterday's decision to hit the gold miner with a retrospective payment claim. However, issues with delayed gold exports still mean that the miner's Sukari project continues to be suspended. The stock jumped 25% today, but that hasn't been enough to offset yesterday's near-50% drop.Market operator London Stock Exchange advanced after its acquisition of a majority stake in LCH.Clearnet was given clearance from the Office of Fair Trading. The company is still waiting for the approval from the FSA. bwin.party digital entertainment, the online gambling group, gained after saying that Belgian authorities have dropped all legal disputes with the company after it entered into a collaboration agreement with French casino operator Partouche. Insurance group Beazley fell after revealing that its preliminary loss estimate for the impact of Superstorm Sandy would be $90m, based on market losses of around $20bn. Recruitment peers Michael Page and Hays were performing well after Panmure Gordon upgraded its ratings for both stocks and hiked their target prices.FTSE 250 - RisersCentamin (DI) (CEY) 34.55p +24.73%Ocado Group (OCDO) 80.60p +5.36%London Stock Exchange Group (LSE) 1,053.00p +4.26%Victrex (VCT) 1,635.00p +3.42%Bwin.party Digital Entertainment (BPTY) 114.60p +3.24%Home Retail Group (HOME) 129.70p +3.18%Michael Page International (MPI) 399.00p +3.13%New World Resources A Shares (NWR) 271.00p +2.81%TR Property Inv Trust Sigma Shares (TRYS) 85.25p +2.71%Workspace Group (WKP) 309.50p +2.65%FTSE 250 - FallersSports Direct International (SPD) 370.00p -4.19%Synthomer (SYNT) 184.10p -4.11%Renishaw (RSW) 1,893.00p -3.57%Betfair Group (BET) 746.50p -1.91%Bank of Georgia Holdings (BGEO) 1,021.00p -1.83%Paragon Group Of Companies (PAG) 257.20p -1.83%Ruspetro (RPO) 86.80p -1.70%Telecity Group (TCY) 841.00p -1.69%Domino Printing Sciences (DNO) 561.00p -1.67%Dialight (DIA) 1,042.00p -1.51%BC