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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 up, energy sector down as oil falls on China worries

(Sharecast News) - The FTSE 250 was up 0.63% at 21,088.16 at 1405 BST. Shares in Russia-focused gold miner Polymetal topped the index as they continued their roller-coaster ride amid the war in Ukraine.

Oil prices fell over night on fears of a dip in demand from China as Shanghai city authorities ordered a week-long lockdown to combat an outbreak of the Covid Omicron variant. The fall boosted airline stocks easyJet, Wizz Air and travel firm TUI.

On the flip side, oil producers were in the red, with Tullow Oil, Harbour Energy, Energean and Centrica.

FTSE 250 - Risers

Polymetal International (POLY) 245.00p 39.20% easyJet (EZJ) 541.40p 4.84% Moonpig Group (MOON) 221.40p 4.24% TUI AG Reg Shs (DI) (TUI) 232.60p 3.70% Wizz Air Holdings (WIZZ) 2,644.00p 3.61% Ferrexpo (FXPO) 171.50p 3.38% Diploma (DPLM) 2,560.00p 2.98% Sequoia Economic Infrastructure Income Fund Limited (SEQI) 98.70p 2.81% Games Workshop Group (GAW) 7,290.00p 2.53% FirstGroup (FGP) 109.90p 2.42%

FTSE 250 - Fallers

Lancashire Holdings Limited (LRE) 390.80p -3.51% Tullow Oil (TLW) 51.66p -3.33% Wood Group (John) (WG.) 166.25p -3.06% Harbour Energy (HBR) 483.20p -3.01% Centrica (CNA) 82.48p -2.39% Energean (ENOG) 1,173.00p -2.25% Oxford Instruments (OXIG) 2,080.00p -2.12% Hill & Smith Holdings (HILS) 1,500.00p -2.09% QinetiQ Group (QQ.) 309.60p -2.03% Rank Group (RNK) 139.40p -1.69%

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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.

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