FTSE 250 movers: Spirent falls on growth worries

2nd Aug 2012 15:13

Communications technology firm Spirent Communications was heavy faller after it cautioned that overall growth in the second half may reduce to mid- to low-single digit increase amid ongoing macro-economic uncertainty. High-flying Ophir Energy also disappointed the market as it revealed its gas discovery at the Papa-1 well off the coast of Tanzania is likely to contain lower recoverable resources than it had hoped for. Leading the upside was industrial property group SEGRO after saying that pre-tax profits gained 5.3% in the first half despite net rental income falling by 3.4%. The firm also reported today that it has completed the sale of a portfolio of 10 non-core UK industrial estates for £110m. FTSE 250 - RisersSEGRO (SGRO) 241.30p +6.39%Carpetright (CPR) 603.50p +2.72%FirstGroup (FGP) 235.90p +2.48%Hikma Pharmaceuticals (HIK) 728.50p +2.46%Rank Group (RNK) 119.90p +2.39%Brown (N.) Group (BWNG) 267.30p +2.14%BH Global Ltd. USD Shares (BHGU) 11.46 +1.87%Daejan Holdings (DJAN) 2,951.00p +1.76%Interserve (IRV) 326.30p +1.75%ITE Group (ITE) 193.80p +1.73%FTSE 250 - FallersSpirent Communications (SPT) 142.50p -15.43%Ophir Energy (OPHR) 525.00p -9.87%Aquarius Platinum Ltd. (AQP) 35.05p -6.03%Kentz Corporation Ltd. (KENZ) 357.10p -5.78%Ferrexpo (FXPO) 177.50p -3.69%Michael Page International (MPI) 356.10p -3.44%PayPoint (PAY) 681.00p -3.40%Petra Diamonds Ltd.(DI) (PDL) 114.10p -3.39%Cape (CIU) 180.80p -3.32%Elementis (ELM) 203.00p -3.01%NR