Risers & Fallers including Vedanta Petra Diamonds Bwin Lonmin Ladbrokes Reckitt Benckiser...


(MENAFN- ProactiveInvestors)Below are some of the main news-driven share price movements on the FTSE 350 at 1pm. RISERS Reckitt Benckiser (LON:RB) up 2.4%. A flu outbreak gave a lift to first-half profits at the Nurofen and Strepsils lozenge maker increasing revenues by 5% in the six months to June 30. Petra Diamonds (LON:PDL) up 2.5%. Production was up 2% to new record levels but revenue fell 10% to US$425mln due to lower average prices. It also reduced production forecasts for 2016. Bwin.party (LON:BPTY) up 1.5%. A bidding war has broken out for the online bookmaker as GVC Holdings has now offered £1bn. It trumps a £900mln bid from rival 888 Holdings. FALLERS Lonmin (LON:LMI) down 7.4%. Shares eased again today after the platinum miner said on Friday it would have to axe 6000 jobs as a cost-cutting measure to arrest the metal's slumping price. Vedanta (LON:VED) down 6.9%. The miner fell on concerns of a slowdown of demand in china with the Shanghai composite losing 8.5% overnight. Ladbrokes (LON:LAD) down 5%. Investors have had the weekend to mull over the news that the gambling giant is merging with rival Gala Coral for £2.3bn making it the largest bookmaker in the UK. Below are some of the main news-driven share price movements at 10am.  RISERS Regency Mines (LON:RGM) up 18%.  Shares surged as it revealed it was mulling acquiring interests in USA oil and gas projects with proven production. MySale Group (LON:MYSL) up 10.6%. Revenue is expected to rise 5% after a strong second half. It also added Iain McDonald as non-executive chairman. Daily Internet (LON:DAIP) up 10%. The company has signed contracts worth a £400000 with builders' merchant JT Atkinson & Sons through its Netplan subsidiary. FALLERS React Energy (LON:REAC) down 36%. Shares began trading today after being suspended since December. after it raised £1mln through a secured facility loan and had €5.7mln of debt wiped off in return for 37mln new shares. Coal of Africa (LON:CZA) down 17.4%. The company was given a new order mining right by the for the Makhado hard coking and thermal coal project but added that it still owes Rio Tinto US$19.8mln which is paying off in US$100000 per month instalments. Fidelity China Special Solutions (LON:FCSS) down 7.2%. Heavy falls in Asian markets overnight hurt the firm which invests in companies listed in China and Hong Kong.


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