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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

FTSE 250 movers: Airlines take off in wake of Ryanair upgrade

(Sharecast News) - FTSE 250: 19,486.40, up 0.49% at 1455 GMT. Airline stocks were boosted after Ryanair late on Wednesday raised full-year profit guidance from to €1.325bn-1.425bn from €1bn-1.2bn.

Wizz Air, already flying high on the back of improved passenger numbers in December, surged again with a 10.8% rise. Rival easyJet gained 5.4%.

Retailers were lifted by upbeat trading figures from FTSE 100 peers Next and B&M Value, with Currys, Dunelm and Marks & Spencer all higher.

FTSE 250 - Risers

Wizz Air Holdings (WIZZ) 2,321.00p 10.79% Watches of Switzerland Group (WOSG) 923.00p 7.01% Bodycote (BOY) 637.00p 6.52% Darktrace (DARK) 285.50p 6.02% Moonpig Group (MOON) 122.00p 5.54% easyJet (EZJ) 373.90p 5.41% Currys (CURY) 62.70p 5.38% Dunelm Group (DNLM) 1,069.00p 4.70% Harbour Energy (HBR) 295.40p 4.23% Ferrexpo (FXPO) 165.30p 3.90%

FTSE 250 - Fallers

RIT Capital Partners (RCP) 2,025.00p -7.95% Vesuvius (VSVS) 403.00p -4.59% HarbourVest Global Private Equity Limited A Shs (HVPE) 2,350.00p -3.29% Big Yellow Group (BYG) 1,169.00p -2.34% Dechra Pharmaceuticals (DPH) 2,558.00p -1.99% HGCapital Trust (HGT) 359.00p -1.91% Petershill Partners (PHLL) 164.20p -1.91% Safestore Holdings (SAFE) 969.50p -1.77% Energean (ENOG) 1,198.00p -1.56% Morgan Advanced Materials (MGAM) 318.50p -1.24%

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.