FTSE 250 movers: Salamander higher after drilling update

17th Jan 2011 15:45

Salamander Energy is higher after announcing that it has started drilling on its Dao Ruang-2 appraisal well in block L15/50 in north east Thailand. Car dealer Inchcape is among the risers after broker Panmure Gordon retained its 'buy' rating on the stock and increased earnings forecasts. "We believe that the company is uniquely positioned to benefit from its Asian and Emerging Markets exposure," the broker said.International recruitment firm Michael Page and housebuilder Taylor Wimpey are also doing well.Oil services group Hunting and emerging markets lender International Personal Finance are lower.FTSE 250 - RisersMichael Page International (MPI) 531.00p +4.42%Taylor Wimpey (TW.) 35.35p +4.15%Betfair Group (BET) 960.00p +4.07%Salamander Energy (SMDR) 283.10p +3.93%Thomas Cook Group (TCG) 206.30p +3.51%CPP Group (CPP) 330.00p +3.42%JD Sports Fashion (JD.) 910.00p +3.41%COLT Group SA (COLT) 145.10p +3.35%Rentokil Initial (RTO) 101.00p +3.27%Inchcape (INCH) 398.50p +3.13%FTSE 250 - FallersHunting (HTG) 773.50p -4.03%International Personal Finance (IPF) 363.00p -3.20%Hansen Transmissions International NV (DI) (HSN) 59.10p -3.11%Rotork (ROR) 1,701.00p -2.63%Travis Perkins (TPK) 1,088.00p -2.42%EnQuest (ENQ) 143.70p -2.38%Provident Financial (PFG) 961.50p -2.34%Victrex (VCT) 1,415.00p -2.21%Afren (AFR) 154.00p -1.91%Ferrexpo (FXPO) 431.00p -1.87%