FTSE 250 movers: DSG surges on Credit Suisse upgrade
21 Nov 2008
A cheery note from Credit Suisse has sparked a sharp jump in the value of electrical retailer DSG International's shares. "The risk of a near term financial failure is in our view being over discounted by the market," the broker said as it upgraded its rating on the owner of Dixons to 'outperform' from 'underperform'.
A 3% climb in platinum prices lifts miner Aquarius Platinum, while higher gold prices help Randgold Resources.
Spreadbetting firm IG Group recovers after heavy falls yesterday which came after it said doubtful debts rose in October.
So does BlueBay Asset Management, hurt yesterday after UBS started coverage on the firm with a 'sell' recommendation.
Conversely, European newspaper publisher Mecom is lower after two days of posting chunky percentage gains.
