FTSE 250 movers: Updates shake up mid-cap index

29th Jul 2009 14:19

With several mid-cap firms in the news today, there has been a lot of movement in both directions.Shares in wireless technology group CSR lead the FTSE 250 higher after it said an end to destocking from customers should have a positive effect on third quarter revenues.Car dealer Inchcape is hot on CSR's heels after it saw first half profits more than halve in constant currency terms in "unprecedented market conditions", but said it increased market share in most of its markets. Profits plunged by 61% during the first half at engineer Morgan Crucible and industrial markets are expected to remain weak over the second half of the year, but the shares are higher.Stockbroker and fund manager Brewin Dolphin's third quarter income was pretty much unchanged from last year's, as expected. The firm is among the top 10 risers in the FTSE 250.Rathbone Brothers is the heaviest faller. Funds under management grew at the fund manager in the first half of 2009, but profits fell by 41%.Funeral services provider Dignity is lower after it reported a 7.6% rise in half year profits and said its expectations for the full year continue to be positive.Engineer Renishaw, which watched full-year profits plunge 89% as revenue tumbled due to a marked downturn in the second half, is another of the heaviest faller.Shares in HMV slip back amid speculation broadcaster ITV is eyeing the music group's chief executive Simon Fox to take over from Michael Grade as ITV chairman.FTSE 250 - RisersCSR (CSR) 391.25p +12.51%Inchcape (INCH) 25.25p +12.22%Morgan Crucible (MGCR) 120.00p +10.09%ITV (ITV) 40.25p +8.05%BTG (BGC) 180.50p +7.44%Informa (INF) 239.50p +5.27%Bodycote (BOY) 129.75p +4.43%Enterprise Inns (ETI) 127.00p +4.31%Dunedin Income Growth Inv Trust (DIG) 159.00p +3.58%Brewin Dolphin (BRW) 133.50p +3.49%FTSE 250 - FallersNorthern Foods (NFDS) 62.00p -5.70%Rathbone Brothers (RAT) 747.00p -4.84%HMV Group (HMV) 107.75p -4.65%St James's Place (STJ) 179.00p -4.53%Renishaw (RSW) 382.25p -3.96%PartyGaming (PRTY) 239.50p -3.82%Electra Private Equity (ELTA) 978.50p -3.69%Dignity (DTY) 621.50p -3.64%Goldman Sachs Dynamic Opportunities EUR Shares (GSDE) € 1.04 -3.46%Evolution Group (EVG) 130.00p -3.17%