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FTSE 250 movers: CAB Payments gains; TP Icap slumps
(Sharecast News) - London's FTSE 250 was up 0.7% at 17,134.15 in afternoon trade on Tuesday. CAB Payments was the top performer on the index. Shares in the payment processing company tumbled a week ago after it warned on full-year revenues.
It pointed to changes in market conditions in some of its key currency corridors, as well as ongoing uncertainties surrounding the Naira.
Elementis was a high riser as it backed its full-year outlook and said the third quarter had been "resilient" as expected in challenging markets, with revenue broadly flat versus the first and second quarters.
Spectris advanced as the precision instrumentation and controls company said it expects full-year profits to be at the top end of forecasts despite a continued slowdown in sales growth in the third quarter.
On the downside, TP Icap tumbled after a trading statement.
FTSE 250 - Risers
CAB Payments Holdings (CABP) 60.15p 9.96% Moonpig Group (MOON) 167.50p 5.88% Future (FUTR) 897.00p 5.04% FDM Group (Holdings) (FDM) 442.50p 4.86% Elementis (ELM) 117.00p 4.09% TI Fluid Systems (TIFS) 123.80p 3.69% Spectris (SXS) 3,116.00p 3.66% CLS Holdings (CLI) 88.30p 3.52% Oxford Instruments (OXIG) 1,770.00p 3.39% Urban Logistics Reit (SHED) 105.20p 3.14%
FTSE 250 - Fallers
W.A.G Payment Solutions (WPS) 87.00p -5.43% TP Icap Group (TCAP) 159.50p -3.27% Wizz Air Holdings (WIZZ) 1,582.00p -2.53% Capital Gearing Trust (CGT) 4,420.00p -2.32% Fidelity China Special Situations (FCSS) 202.50p -2.17% WH Smith (SMWH) 1,166.00p -2.10% Pacific Horizon Inv Trust (PHI) 511.00p -1.92% Vietnam Enterprise Investments (DI) (VEIL) 509.00p -1.74% 888 Holdings (DI) (888) 81.00p -1.46% Drax Group (DRX) 424.80p -1.28%
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