FTSE 250 movers: US Russia sanctions take the shine off Polymetal
US sanctions against Russia took their toll on the FTSE 250, with precious metals miner Polymetal looking distinctly dull as shares in the company took a hammering on Monday.
President Donald Trump's administration imposed sanctions on 24 Russian oligarchs and 12 companies to punish the country for actions in Crimea, Ukraine and Syria, and for attempting to subvert Western democracies.
Polymetal, which has operations in Russia, plunged more than 15% as a result.
Centamin lost its shine after its preliminary production results for the first quarter, which showed gold output was unexpectedly down 19% on the quarter but up 14% on the year.
Wealth manager Rathbone Brothers was on the front foot after confirming market rumours that it was in takeover talks with Scottish stockbroker Speirs & Jeffrey Limited. Rathbone said no binding offer had been made and there can be "no certainty that any binding offer will be made nor that agreement will be reached with the Board and shareholders of Speirs & Jeffrey".
Peppa Pig rights owner Entertainment One was trading higher after announcing the acquisition of a 70% controlling stake in Whizz Kid Entertainment, a UK-based non-scripted television production company.
Market Movers
FTSE 100 (UKX) 7,157.62 -0.36%
FTSE 250 (MCX) 19,450.40 -0.41%
techMARK (TASX) 3,313.57 -0.05%
FTSE 250 - Risers
Provident Financial (PFG) 678.00p 3.76%
BTG (BTG) 630.00p 3.70%
TI Fluid Systems (TIFS) 256.00p 3.23%
Computacenter (CCC) 1,197.25p 2.15%
Euromoney Institutional Investor (ERM) 1,272.00p 2.09%
Telecom Plus (TEP) 1,224.00p 2.00%
Games Workshop Group (GAW) 2,305.00p 1.99%
Herald Investment Trust (HRI) 1,165.00p 1.75%
Stobart Group Ltd. (STOB) 235.00p 1.73%
Schroder Asia Pacific Fund (SDP) 445.00p 1.60%
FTSE 250 - Fallers
Polymetal International (POLY) 602.15p -16.83%
Centamin (DI) (CEY) 145.05p -4.82%
TalkTalk Telecom Group (TALK) 117.40p -4.71%
Capita (CPI) 131.60p -4.64%
McCarthy & Stone (MCS) 136.76p -4.56%
FirstGroup (FGP) 89.96p -4.20%
Hochschild Mining (HOC) 188.60p -4.14%
Sanne Group (SNN) 632.00p -3.51%
Pets at Home Group (PETS) 167.50p -3.46%
Card Factory (CARD) 188.10p -3.14%