Below are some of the main news-driven share price changes on Monday.
RISERS
Billington (LON:BILN), up 18.8%.The structural steel and construction safety specialist cheered the market with its half-year trading update, as it lifted profits guidance “significantly”.
Connemara (LON:CON), up 18.2%. It must have been a stormer of an AGM speech today from chairman John Teeling in Dublin. “Final judgement has been made on the sums due to Connemara from Trampus Ltd in relation to a failed court action. Payment is awaited,” Teeling told shareholders.
Seeing Machines (LON:SEE), up 13.5%. The driver safety technology firm has deepened its relationship with US industrial and agricultural vehicles giant Caterpillar, while Aussie transport and logistics firm Toll has signed up as a customer.
FALLERS
Litebulb Group (LON:LBB), down 32.4%. The branded product developer has parted company with chief executive Simon McGivern and sales director James Philips as it embarks on a change of strategy.
Velocys (LON:VLS), down 19.4%. The gas-to-liquids specialist has suspended its chief executive, Roy Lipski, pending the outcome of an investigation into allegations of serious misconduct.
Europa Oil & Gas (LON:EOG), down 15.9%. The shares dipped 1.25p to 6.625p after the company announced a placing at 6p a share. Shareholders will be offered the chance to subscribe for shares at the same price.
Below are some of the main news-driven share price changes among FTSE 350 stocks at 12.45pm.
RISERS
Bovis Homes (LON:BVS), up 2.3%. The house builder saw its average selling rise by 6% year-on-year to £222,000 in the first half of the year, as it completed a record number of house sales.
easyJet (LON:EZJ), up 0.4%. The low-cost airline’s stock is rising in a falling market, after it released passenger statistics for June that showed the load factor – how full its aircraft are - had increased to 92.7% from 92.0% in June of last year.
Wizz Air Holdings (LON:WIZZ), up 0.3%. Wizz Air’s load factor in June went up even more than easyJet’s – from 89.7% in June 2014 to 90.8% in June 2015.
FALLERS
Man Group (LON:EMG), down 4.1%. The hedge fund manager takes a bath as global stock markets fall following Greece’s referendum vote yesterday.
TUI (LON:TUI), down 3.2%, and Thomas Cook (LON:TCG), down 2.7%. The FTSE 350 index is off 0.6% so the response to the Greek vote has been relatively stoical, but the two package tour giants TUI and Thomas Cook have been hit harder than most.
Below are some of the main news-driven share price changes in early trading.
RISERS
Bellway Homes (LON:BWY) added 0.42% as it received an upgrade from Barclays Capital - to 'overweight' from 'equal weight'.
Seeing Machines (LON:SEE) rose 13.51% as it told investors its in-cab fatigue monitors are to be rolled out by Caterpillar in risk assessment programmes across its full range of customers.
ECR Minerals (LON:ECR) added 9.38% as it said trenching at its Itogon gold property in the northern Philippines has yielded some impressive looking results.
FALLERS
Rolls Royce (LON:RR.), the British engineering giant, plunged over 8% and was Footsie's biggest laggard as it blamed a downturn in civil aerospace after-sales and marine offshore markets for a profit warning. It expects a £300mln hit to its civil aerospace business in 2016 due to weakness in Trent 700 engine, business jet and regional jet after-sales service markets.
Europa Oil & Gas (LON:EOG) plunged over 19% as it revealed plans to raise up to £3.4mln through share sales. The company has already agreed a conditional £1.4mln share placing to institutions, and could raise a further £2mln via an open offer to existing shareholders. New shares will be issued at 6p, a discount of around 20% to Friday’s closing price of 7.88p.
Taylor Wimpey (LON:TW.) lost 0.94% as Barclays downgraded the stock to "equal weight' from 'overweight' previously.