Shares in Millennium & Copthorne Hotels dropped after it revealed that total full year revenue had declined by 6.4 per cent in 2012, despite an increase in revenue per available room (RevPAR).

Total revenue fell from £820.5m to £768.3m, while RevPAR on a constant currency basis rose 3.9% from £64.81 to £67.32, primarily because of higher average room rate, with a good performance seen in Singapore, Rest of Asia and London. Revenue from hotels alone dropped 2.1%.

Shares in Bumi fell after shareholders rejected proposals by co-founder Nathaniel Rothschild to replace 12 of 14 members of the board of the troubled Indonesian coal mining firm.

Meanwhile, Spectris rose after Investec said the stock has the "spread and market presence to deliver growth in most circumstances" and upped its target price from 2,400p to 2,575p.



FTSE 250 - Risers
Persimmon (PSN) 907.00p +5.16%
Intermediate Capital Group (ICP) 389.80p +4.06%
Spectris (SXS) 2,493.00p +3.92%
Michael Page International (MPI) 430.80p +3.61%
Taylor Wimpey (TW.) 79.70p +3.57%
FirstGroup (FGP) 186.10p +3.27%
Filtrona PLC (FLTR) 607.00p +2.97%
3i Group (III) 309.20p +2.76%
Redrow (RDW) 195.80p +2.73%
Barratt Developments (BDEV) 240.30p +2.69%

FTSE 250 - Fallers
Millennium & Copthorne Hotels (MLC) 528.50p -6.95%
Bumi (BUMI) 366.40p -6.36%
Hochschild Mining (HOC) 368.00p -4.74%
Ferrexpo (FXPO) 241.90p -3.78%
New World Resources A Shares (NWR) 266.30p -3.37%
Home Retail Group (HOME) 126.30p -2.40%
CSR (CSR) 423.40p -2.15%
Halfords Group (HFD) 315.10p -1.93%
Supergroup (SGP) 672.50p -1.90%
Menzies(John) (MNZS) 719.50p -1.71%

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Related share prices
Spectris (SXS) share price
Millennium & Copthorne Hotels (MLC) share price
Bumi (BUMI) share price