FTSE 250 movers: Construction and house building groups rise on Budget

20th Mar 2013 16:05

Shares in Barratt Developments, Taylor Wimpey, Persimmon, Bellway, Redrow and Bovis Homes Group all charged higher on Wednesday afternoon after the Chancellor, George Osborne, said in his 2013 Budget speech that the government was launching a programme to help people get on, or move up, the property ladder. Pub group Wetherspoon rose on the Chancellor's plan to cut beer duty by 1p. Meanwhile, pastry retailer Greggs fell after posting a decline in full year like-for-like sales. The company said 2012 trading was very challenging as it battled against a mixture of continued consumer spending pressure and the wettest weather on record. Lancashire Holdings fell after going ex-dividend. Miners continued to decline on weakened risk appetite. FTSE 250 - RisersBarratt Developments (BDEV) 256.60p +7.01%Taylor Wimpey (TW.) 90.80p +6.07%Persimmon (PSN) 1,019.00p +4.89%Elementis (ELM) 277.20p +4.64%Ocado Group (OCDO) 159.60p +4.11%Bellway (BWY) 1,231.00p +4.06%Betfair Group (BET) 722.00p +3.81%Redrow (RDW) 191.00p +3.80%Bovis Homes Group (BVS) 695.00p +3.35%Kazakhmys (KAZ) 488.90p +3.17%FTSE 250 - FallersLancashire Holdings (LRE) 838.50p -7.76%Greggs (GRG) 488.20p -6.74%SEGRO (SGRO) 251.60p -4.88%Centamin (DI) (CEY) 56.10p -4.35%Petropavlovsk (POG) 236.40p -4.18%Lonmin (LMI) 299.00p -4.11%Ferrexpo (FXPO) 174.20p -4.07%Phoenix Group Holdings (DI) (PHNX) 606.00p -3.43%Moneysupermarket.com Group (MONY) 189.80p -3.41%Go-Ahead Group (GOG) 1,462.00p -3.18%NR