Below are some of the main news-driven share price changes for Tuesday.
RISERS
UK Mail Group (LON:UKM), up 16.1%. Shares in the postal group climbed as the profits guidance for the year was left unchanged. Previous updates had been dominated by problems at its new distribution hub near Coventry, but the site operated ‘very well’ during the quarter.
Avesco Group (LON:AVS), up 11.1%. Shares rose after another record-breaking year for the group, with the directors rewarding shareholders with a 17% hike in the annual dividend.
NetDimensions (LON:NETD), up 8.1%. Sales revenue and invoiced sales for 2015 are expected to be ahead of the prior year.
LOSERS
PeerTV, down 18.8%. At the meeting of secured loan note holders of its subsidiary Digitek convened earlier today, the resolution regarding the proposed restructuring of Digitek was not approved by the 75% majority required.
Magnolia Petroleum (LON:MAGP), down 11.3%. Thomas Wagenhofer has been appointed chairman of the board, replacing Gavin Burnell, who is stepping down from the board to pursue other business interests.
Amur Minerals, down 7.4%. The company unveiled positive results from analysis of 2015 drilling at part of its Kun Manie project in the Russian Far East and has kicked off the process to update resources there.
Below are some of the main news-driven share price changes among FTSE 350 stocks at 1.00pm.
RISERS
Morrison (Wm) Supermarkets (LON:MRW), up 8.9%. The supermarket chain is on the recovery trail, with like-for-like sales up 0.2% year-on-year over the Christmas trading period.
Vedanta Resources (LON:VED), up 8.4%. Another stock emerging from the doghouse, and all it took was an announcement last night that it intends to buy back US$500mln of bonds via a Dutch auction.
Jimmy Choo (LON:CHOO), up 8.0%. No apparent reason for the sharp rise in the shares of the footwear fashion firm unless it is a read across from online fashion outfit Boohoo.com, which is up sharply after a trading update today.
LOSERS
Michael Page International (LON:MPI), down 11.5%. After Robert Waters yesterday, Michael Page is another recruiter warning of tougher conditions in the UK.
Hays (LON:HAS), down 3.8%. The shares fall in sympathy with sector peer Michael Page, ahead of its own trading update, due out tomorrow.
Cineworld (LON:CINE), down 3.4%. The fourth quarter trading update was solid, but investors were clearly expecting a profits upgrade on the back of the success of the new Star Wars film.
Below are some of the main news-driven share price changes at 9.15am.
RISERS
Wishbone Gold (LON:WSBN), up 73.3%. Yesterday's biggest gainer is racing ahead again today. The precious metal explorer said it was in talks to buy a "complementary business" which would count as a substantial deal under AIM rules. The group also issued 396,849,229 shares to settle various outstanding debts, fees, expenses and loans.
KBC Advanced Technologies (LON:KBC), up 48.0% to 183.5p. A subsidiary of Aspen Technology has agreed to buy energy industry-focused software company KBC, offering 185p in cash.
Debenhams (LON:DEB), up 14.9%. Braced for another retailer blaming warm weather for poor clothing sales, the department store group surprised the market with a 3.5% increase in like-for-like sales (on a constant currency basis) in the 19 weeks to 8 January.
FALLERS
Ncondezi Energy (LON:NCCL), down 16.2%. The shares shot up yesterday from 3.875p to 7.00p, but have ebbed to 5.875p today. The company announced yesterday it had signed a joint development agreement with Shanghai Electric Power to develop the Ncondezi 300 megawatt coal-fired power project in Tete, Mozambique.
Pantheon Resources (LON:PANR), down 13.2%. The sheen was taken off the latest update from one of last year's high-flyers, which reported some encouraging results from its latest well but was unable to provide definitive flow rate because of a blockage.
Greggs (LON:GRG), down 9.0%. No need for journalists to dust off the old headline favourite of “Greggs on a roll” as the baked goods seller's fourth quarter saw a slow-down in like-for-like sales growth.