FTSE 250 movers: Supergroup recovery provides a boost

17th Jun 2011 16:07

Supergroup is the highest riser of the day, gaining 8% as of 4:00pm on Friday afternoon, recovering after a recent sell-off. Despite being 8% higher today, shares are still 19% lower than they were one month ago.Meanwhile, retail peer Dunelm is the worst performer, losing almost 7%.Electrical components manufacturer Laird keeps on rising after yesterday's surge on the back of new that it rejected a takeover proposal from Cooper Industries. The group announced today that it is to exit its underperforming handset antenna business.Bluetooth chip specialist CSR is edging higher after the price it is to pay for US video streaming outfit Zoran was slashed to reflect a worse than expected trading performance by Zoran in the second quarter. The new terms of the agreement vale Zoran at $484m, down from $680m previously.Infrastructure specialist Balfour Beatty is wanted after its United States unit acquired Fru-Con Construction, a water and wastewater infrastructure contractor, for £12m, in an attempt to expand its presence in the growing US water market. Engineering and design consultancy WS Atkins is edging higher after Credit Suisse raised its target price from 706.58p to 752p.---BCFTSE 250 - RisersSupergroup (SGP) 904.00p +8.00%Stobart Group Ltd. (STOB) 147.80p +6.18%Kenmare Resources (KMR) 48.21p +5.96%Telecom Plus (TEP) 649.50p +4.59%Laird (LRD) 197.30p +4.45%Yule Catto & Co (YULC) 232.70p +4.44%Kier Group (KIE) 1,360.00p +4.13%JD Sports Fashion (JD.) 908.00p +3.53%Hunting (HTG) 754.50p +3.36%Cranswick (CWK) 764.50p +3.31%FTSE 250 - FallersDunelm Group (DNLM) 398.30p -6.57%Imagination Technologies Group (IMG) 441.50p -5.07%Enterprise Inns (ETI) 67.95p -4.43%SDL (SDL) 684.50p -3.59%Brewin Dolphin Holdings (BRW) 149.50p -2.92%Cable & Wireless Worldwide (CW.) 47.63p -2.90%Heritage Oil (HOIL) 227.60p -2.44%JKX Oil & Gas (JKX) 265.40p -2.32%Hochschild Mining (HOC) 451.20p -2.27%Aveva Group (AVV) 1,682.00p -2.15%