FTSE 250 movers: Galliford Try at five-year high, Dunelm facing no resistance

updated: 14 February 2020 at 4:55pm Author: Alexander Bueso

(Sharecast News) - London's FTSE 250 was up 0.54% at 21,790.08 in afternoon trade on Friday.
Housebuilding and regeneration specialist Galliford Try was at the top of the leaderboard at the end of the week, with its shares trading at a roughly five-year high and pacing a move higher by its entire sector, likely in increasing anticipation of a possibly bountiful budget announcement on 11 March.

Dunelm's shares were extending their push into record territory with traders referencing a target price hike out of UBS for the home furnishings retailer from 1,070p to 1,110p the day before as the reason behind the move.

On the flip-side, stock in CFD broker Plus 500 was near the bottom of the pile after analysts at Berenberg trimmed their target price from 810.0p to 790.0p, highlighting the potential hurdles for the group to consistently expand its customer base and the impact that market volatility can have on its bottom line.

There was also its unhedged market exposure to take into account, the same analysts said.

Market Movers

FTSE 250 (MCX) 21,786.29 0.52%

FTSE 250 - Risers

Galliford Try (GFRD) 190.22p 9.10%
Dunelm Group (DNLM) 1,402.00p 8.01%
Grainger (GRI) 329.60p 4.63%
Balfour Beatty (BBY) 294.20p 4.18%
Savills (SVS) 1,255.00p 3.72%
Safestore Holdings (SAFE) 853.00p 3.65%
Future (FUTR) 1,292.00p 3.36%
Go-Ahead Group (GOG) 2,202.00p 3.19%
St. Modwen Properties (SMP) 527.00p 3.13%
Derwent London (DLN) 4,268.00p 2.69%

FTSE 250 - Fallers

Finablr (FIN) 78.80p -5.35%
Plus500 Ltd (DI) (PLUS) 864.80p -4.76%
Aston Martin Lagonda Global Holdings (AML) 425.00p -3.45%
Hunting (HTG) 306.40p -3.34%
Bakkavor Group (BAKK) 134.00p -3.32%
GVC Holdings (GVC) 838.20p -3.25%
Games Workshop Group (GAW) 6,900.00p -3.16%
Babcock International Group (BAB) 500.40p -2.65%
TI Fluid Systems (TIFS) 234.50p -2.49%
Ferrexpo (FXPO) 145.10p -2.32%