Below are some of the main news-driven share price changes among FTSE 350 stocks at 2.15pm.
RISERS
Tesco (LON:TSCO), up 3.4%. The supermarket giant’s share rise on the basis that things are still getting worse, only not so quickly as before.
BT Group (LON:BT.A), up 0.6%. Credit Suisse reiterated its ‘outperform’ rating and raised its target price from 495p to 510p.
GlaxoSmithKline (LON:GSK), up 0.2%. Liberum Capital has moved from ‘sell’ to ‘hold’.
FALLERS
Fidelity China Special Situations (LON:FCSS), down 6.5%. Chinese stocks fells out of bed with a bump this morning, with some pundits calling the end of the Chinese stock market’s bull run.
ARM Holdings (LON:ARM), down 3.1%. Bernstein moves its rating to ‘under-perform’ from ‘market perform’.
Hikma Pharameuticals (LON:HIK), down 1.1%. HSBC has cut its price target from 2,280p from 1,936p.
Below are some of the main news-driven share price changes at 9.00am.
RISERS
Imaginatik (LON:IMTK), up 18.0%. The shares rocketed yesterday after it was confirmed former Quindell boss Rob Terry is building a stake, and they are on the move again today.
Stratex International (LON:STI), up 12.9%. Stratex is another of yesterday's big gainers enjoying a second bite at the cherry; the market cap of Stratex rose by more than a fifth yesterday as it announced that production at the Altintepe gold mine in Turkey is scheduled to start in September.
Paragon Entertainment (LON:PEL), up 8.2%. The company has entered into a Framework Agreement with Majid Al Futtaim Leisure & Entertainment to design and build their unique portfolio of leisure concepts.
FALLERS
Mwana Africa (LON:MWA), down 19.7%. Peel Hunt has served notice to quit as the multi-commodity firm's nominated adviser.
Afren (LON:AFR), down 9.1%. Investors bank some profits after the shares surged yesterday on news that the whole of the board had resigned following a tough year for the resources firm.
Igas Energy (LON:IGAS), down 5.5%. Underlying earnings (EBITDA) in the year to 31 March 2015 ebbed to £21.6mln from £34.2mln the year before. The company sank into the red, with a loss before tax of £18.5mln versus a profit the year before of £2.3mln.