This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-41580240
The article has changed 3 times. There is an RSS feed of changes available.
Version 0 | Version 1 |
---|---|
Dunelm sitting pretty as Mondi slumps | |
(about 4 hours later) | |
Dunelm shares rose 5% on Wednesday after it said like-for-like sales jumped 9.3% in the 13 weeks to 30 September. | |
That made the soft furnishings retailer the biggest riser on the FTSE 250, which was down 15 points at 20,131.2 in lunchtime trading. | |
The FTSE 100 lost 16 points, or 0.2%, to 7,522.1 points. | |
Packaging company Mondi was the blue chip index's biggest loser, falling almost 8% after warning on profits. | |
The firm blamed a weaker US dollar and a "sharply weaker Turkish lira", as well as a 15% rise in the cost of wood, energy and chemicals. | |
AJ Bell investment director Russ Mould said: "Like-for-like sales are up and average selling prices are generally higher, but the group is beset by continuing cost pressures and currency losses." | |
Medical device maker Smith & Nephew's shares rose 3.1%, with shares in EasyJet and Whitbread also among the top risers. | |
There was a 6.5% fall in the shares of Provident Financial, the owner of Vanquis Bank, which was fined £75,000 on Tuesday for sending nuisance texts and emails. | |
On the currency markets, the pound fell 0.2% against the dollar at $1.3182 and was 0.25% against the euro at €1.1153. |