Below are some of the main news-driven share price changes among FTSE 350 stocks at 2.00pm.
RISERS
Fidelity China Special Situations (LON:FCSS), up 8.3%. The fund continues to recover in tandem with the Chinese stock market.
Premier Oil (LON:PMO), up 5.5%. Jefferies has moved from ‘hold’ to ‘buy’ and cranked up the price target from 170p to 185p following yesterday’s trading and operations update.
Brewin Dolphin Holdings (LON:BRW), up 5.0%. The wealth management group gets a lift from the recovery in global stock markets.
FALLERS
Lonmin (LON:LMI), down 8.2%. UBS has downgraded the minerals firm to ‘sell’ from ‘neutral’.
Weir Group (LON:WEIR), down 0.6%. Barclays Capital has cut its price target for the Scottish engineering firm to 1,500p from 1,630p.
Synthomer (LON:SYNT), up 0.2%. HSBC’s target price for the stock has drifted down from 300p to 285p.
Below are some of the main news-driven share price changes at 9.15am.
RISERS
Altona Energy (LON:ANR), up 10.5%. The company has entered into a formal business relationship with Parsons Brinkerhoff, which has now delivered its exploration plan for Underground Coal Gasification (UCG) and a hydrology study for Altona's Arckaringa site.
ReNeuron Group (LON:RENE), up 7.7%. The shares move up 0.375p to 5.25p after the company issued full-year results and raised £68.4mln through a placing of shares at 5p each.
Zoltav Resources (LON:ZOL), up 6.3%. The share price excitement has apparently been caused by the appointment of Panmure Gordon as joint broker, alongside Shore Capital.
FALLERS
Sefton Resources (LON:SER), down 11.8%. James Ellerton, the company's former executive chairman, has filed a petition in the US in an attempt to force the company into bankruptcy proceeding.
Sirius Minerals (LON:SXX), down 9.4%. A number of cornerstone debt investors are ready to commence due diligence and the financing for phase one of the development of the York potash project is expected to conclude during the first quarter of 2016.
Igas Energy (LON:IGAS), down 4.0%. IGas has provided summons for bondholder meetings for certain technical amendments to the terms and conditions of the secured and unsecured bonds.