FTSE 250

Today's data summary

Market closed
% change
+0.19%
Value
20590.36
Change
+39.10
As of 05:03 23 Sep 2018

Latest updates

Moss Bros shares plummet

Moss Bros
Moss Bros

Shares in troubled suits retailer Moss Bros have now dropped 27% to 35.18p, after issuing a profit warning earlier this morning.

The FTSE 100 is now 0.8% ahead to 7,423,29, led by mining firms Glencore, BHP Billiton and Rio Tinto, after oil prices hit near $80 a barrel on Thursday.

The FTSE 250 meanwhile is 0.4% higher to 20,623.67. Top of the winners is ground engineering firm Keller Group.

French Connection shares down

French Connection shares are down 2.5% after the retailer reported a 7% slide in like-for-like sales.

Market movers: GVC; IG Group; Just Group

Shares in GVC Holdings, which owns Ladbrokes Coral, is the biggest loser on the FTSE 100 down 2.3%.

Investors have probably been rattled by Labour's call for a ban on gambling advertising during live sporting events.

On the FTSE 250, IG Group is the biggest loser with a 6.6% fall.

The online financial trading company reported a 4.7% fall in sales in its first quarter.

Shares in Just Group are the biggest winners with a 7% gain. It is a financial services firm that focuses on the retirement market.

London stock markets close down

The FTSE 100 has ended Monday trading down 1.94 points at 7,302.10.

The FTSE 250 is also barely changed, down 1.48 points at 20,374.39.

London stock indexes fall

Rangers Lassana Coulibaly at the Ladbrokes Scottish Premiership match
PA
Rangers' Lassana Coulibaly at the Ladbrokes Scottish Premiership match

Stock market trading will begin shortly in the US. But before that, let's check in on the UK.

The FTSE 100 is down 0.25%, or 17.96 points, at 7,289.78

Ladbrokes Coral-owner GVC Holdings leads the blue chip fallers, down 2.9% at £10.00.

Conversely, energy group SSE is top of the risers with its share price up 1.9% at £11.04.

The FTSE 250 is trading 0.16%, or 33.02 points, down at 20,342.85.

Sirius Minerals, the group attempting to mine for potash under the North Yorkshire Moors, is the index's biggest riser, up 4.2% at 28.70p.

The company is buying a 30% stake in Cibra, a Brazilian fertiliser distribution firm. As part of the deal, Cibra has committed to buy product from Sirius Minerals.

RBS leads FTSE 100 risers

RBS
Getty Images

Despite Bob Diamond's comments earlier (see post at 8.14am), RBS is leading the FTSE 100 risers with its share price up 1.72% at 248.9p.

RBS's chairman Sir Howard Davies says that the bank could use £4bn of surplus capital to pay a special one-off dividend to shareholders.

Marks & Spencer is the morning's biggest faller, down 2% at 287.4p.

The wider FTSE 100 is off 0.10% at 7,305.99.

Irish sandwich maker Greencore is the largest gainer on the FTSE 250, up 4.95% at 201.2p.

ContourGlobal, the power generation firm, is off 4.4% at 203.7p.

The FTSE 250 is marginally lower at 20,373.93.

Ashtead tops blue chip risers

Ashtead Group
Ashtead Group

Ashtead Group, the construction and industrial equipment supplier, is leading the FTSE 100 risers - up 3.3% at £23.56 - after reporting a 23% rise in first quarter pre-tax profits to £274.4m.

Mining groups saw the biggest falls during mid-morning trade, topped by precious metals specialist Fresnillo whose share price was down 2.7% at 790.3p.

The wider FTSE 100 is off 0.69% at 7,229.03.

The FTSE 250 is down 0.49% 20,160.54.

No respite for Debenhams' share price

Debenhams
PA

As we head towards midday, things aren't getting any better for Debenhams.

The department store's share price is down 16.9% at 10.63p after it emerged at the weekend that the company has retained KPMG to assess its options - including a Company Voluntary Arrangement.

Meanwhile, the FTSE 100 is trading up 0.23% at 7,294.39.

RBS is leading the risers - up 2.2% at 250.55p - and is closely followed by supermarket group Morrisons which will announce its results for the first six months of its financial year on Thursday.

After strong stock market trading last week on its interim results, Melrose Industries starts the week as the biggest blue chip faller, down 3% at 219.15p.

The FTSE 250 is up 0.12% at 20,234.65 with packaging group RPC leading the way - up 19% at 813.2p - after confirming takeover talks with private equity firms Bain and Apollo.

Packaging firm shares soar on takeover approaches

Plastic products
RPC

You might not have heard of RPC Group, but it's one of the biggest makers of plastic packaging in Europe.

Shares in the FTSE 250 listed firm have jumped 20% after it confirmed that two private equity firms are interested in buying the company.

Apollo Global Management and Bain Capital have both approached RPC.

Mixed open for FTSE indexes

The FTSE 100 has opened up 0.10% at 7,285.21

The FTSE 250 started trading marginally lower at 20,208.70.