Imagination Technologies rose strongly after its annual figures managed to beat analysts' forecasts despite a fall in profits. The company, which makes multimedia, communications and general purpose processors, also impressed the market on Tuesday by saying the demand for its Ensigma communications technology is "accelerating [...] driven by the emerging trends in the Internet of Things and home connectivity", as it continues to face a slowdown in the core smartphone market.
Investec helped Al Noor Hospitals higher after reiterating its 'buy' rating and 1,170p price target.
Meanwhile, Domino Printing was a heavy decliner despite meeting expectations in the first half with revenues up 11%, an acceleration from the 8% growth registered in the first quarter. However, it gave a cautious outlook saying "the board believes that results next year could be broadly similar to 2014 as a result of the competitive pricing environment in Asia and other developing markets and the need for additional investment in research and development."
Croda International was also in the red after a profit warning from the group on the back of a strong pound. The company, which works in the consumer care, performance technologies and industrial chemicals markets, said it expects second quarter pre-tax profits to be around 8% below the first quarter and full-year profit to be lower than the previous year.
Canaccord Genuity pushed bwin.party digital entertainment into the red after it cut its target from 145p to 112p.
FTSE 250 - Risers
Imagination Technologies Group (IMG) 251.00p +7.49%
Kazakhmys (KAZ) 318.70p +3.91%
Evraz (EVR) 93.35p +3.72%
Infinis Energy (INFI) 237.50p +2.28%
AL Noor Hospitals Group (ANH) 995.50p +1.58%
Wood Group (John) (WG.) 820.00p +1.36%
Informa (INF) 489.00p +1.22%
Howden Joinery Group (HWDN) 300.30p +1.21%
LondonMetric Property (LMP) 135.00p +1.12%
KCOM Group (KCOM) 92.75p +0.82%
FTSE 250 - Fallers
Domino Printing Sciences (DNO) 595.00p -19.38%
Croda International (CRDA) 2,221.00p -7.69%
NMC Health (NMC) 441.30p -4.07%
Fidessa Group (FDSA) 2,200.00p -3.80%
CSR (CSR) 553.50p -3.57%
Tullett Prebon (TLPR) 249.50p -3.48%
Wetherspoon (J.D.) (JDW) 762.00p -3.36%
Bodycote (BOY) 680.00p -3.13%
Bwin.party Digital Entertainment (BPTY) 97.50p -2.89%
Jardine Lloyd Thompson Group (JLT) 1,019.00p -2.77%