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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: Ceres Power surges on GS price target hike; RHI Magnesita slips

(Sharecast News) - FTSE 250 (MCX) 22,292.33 -0.48% Shares in Ceres Power Holdings topped the FTSE 250 risers, continuing their rally from last week, as Goldman Sachs hiked its price target to 670p from 530p.

RHI Magnesita fell as the refractory specialist held annual guidance despite slightly weaker demand for its products in the global steel market.

Luxury car maker Aston Martin was up after it held guidance and said first-quarter losses had narrowed, and that the Iran war had so far not impacted earnings.

FTSE 250 - Risers

Ceres Power Holdings (CWR) 614.00p 23.49% WPP (WPP) 266.10p 3.85% North Atlantic Smaller Companies Inv Trust (NAS) 350.00p 2.94% The Schiehallion Fund Limited NPV (MNTN) 2.00p 2.31% Energean (ENOG) 877.00p 2.27% Oakley Capital Investments Limited (DI) (OCI) 485.50p 2.21% Tate & Lyle (TATE) 363.10p 2.16% Aston Martin Lagonda Global Holdings (AML) 40.66p 2.10% Applied Nutrition (APN) 219.50p 2.09% Hays (HAS) 33.52p 2.01%

FTSE 250 - Fallers

Ocado Group (OCDO) 190.80p -4.79% WH Smith (SMWH) 516.50p -4.78% B&M European Value Retail (BME) 165.80p -4.60% RHI Magnesita N.V. (DI) (RHIM) 2,600.00p -3.54% Grainger (GRI) 158.10p -3.53% THG (THG) 31.60p -3.46% Rank Group (RNK) 96.60p -3.11% Hammerson (HMSO) 325.80p -3.09% SSP Group (SSPG) 161.40p -3.05% FirstGroup (FGP) 162.50p -2.87%

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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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