FTSE 250 movers: Evraz continues to recover, miners gain

31st Mar 2014 13:54

Steel producer Evraz continued its recent volatile moves on Monday, rising over seven per cent to the top of the risers list on the FTSE 250. The stock fell to an all-time closing low of 54.4p two weeks ago on the back of heightened tensions between Russia and Ukraine, where a large chunk of its operations are based. However, with the situation having not escalated any further since then, bargain hunters have pushed the stock up sharply to 77.1p as of this afternoon.Other miners were also performing well today, including African Barrick Gold, Kazakhmys and Centamin. Polymetal even gained despite the Russian gold producer missing estimates with its 2013 results as profits were hit by falling commodity prices. Oil stocks, however, were trading in the red, including Cairn Energy and Soco International.ITE Group, the emerging markets-focused trade exhibitions and conferences organiser, extended its recent losses after saying on Friday that revenue growth in the first half has been held back by adverse currency movements. Westhouse Securities trimmed its target price for the stock today from 206p to 215p, providing further downwards pressure on the shares, which have lost nearly 40% so far this year.FTSE 250 - RisersEvraz (EVR) 77.10p +7.01%Xaar (XAR) 935.50p +5.71%Imagination Technologies Group (IMG) 205.60p +5.49%African Barrick Gold (ABG) 259.70p +4.97%Kazakhmys (KAZ) 268.70p +4.80%Genus (GNS) 1,021.00p +4.61%Hellermanntyton Group (HTY) 329.90p +3.74%Fidessa Group (FDSA) 2,595.00p +3.18%Centamin (DI) (CEY) 51.15p +3.12%AL Noor Hospitals Group (ANH) 1,068.00p +3.09%FTSE 250 - Fallersesure Group (ESUR) 278.50p -2.66%Cairn Energy (CNE) 165.50p -2.53%Spirent Communications (SPT) 98.35p -1.60%Fisher (James) & Sons (FSJ) 1,474.00p -1.54%Carphone Warehouse Group (CPW) 326.00p -1.51%Soco International (SIA) 396.10p -1.47%Wetherspoon (J.D.) (JDW) 847.00p -1.34%Atkins (WS) (ATK) 1,387.00p -1.28%ITE Group (ITE) 190.40p -1.24%Computacenter (CCC) 651.00p -1.06%BC