Skip Header
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 powers ahead; TP Icap slides

(Sharecast News) - FTSE 250 (MCX) 22,060.20 0.29% Clean energy technology developer Ceres Power surged after it signed a manufacturing licence agreement for the production of its proprietary solid oxide fuel cell technology with Weichai Power, a global original equipment manufacturer and power systems developer headquartered in China.

Online rail ticketing platform Trainline jumped as it lifted earnings and sales targets after reporting a 14% jump in half-year profits. The company, which sells tickets for journeys in the UK and Europe, said it now expects adjusted EBITDA growth of between 10% and 13%, up from original guidance of 6% to 9%. Net ticket sales are forecast to rise by 6% to 9%.

TP Icap Group reiterated its full-year guidance on Wednesday, after favourable market conditions helped boost third-quarter revenues at the broker.

In a brief trading update, the City stalwart said group revenues in the three months to 30 September had improved 3% at £560m, against tough comparatives, or by 1% in reported currencies.

Driving the growth was global broking, which saw revenues spark 7%.

The FTSE 250 firm said: "Following a strong first half, the division continued to capitalise on favourable market conditions across all asset classes."

FTSE 250 - Risers

Ceres Power Holdings (CWR) 373.20p 19.31% Bluefield Solar Income Fund Limited (BSIF) 75.70p 4.85% Trainline (TRN) 264.40p 3.93% International Workplace Group (IWG) 222.40p 3.44% Clarkson (CKN) 3,600.00p 3.30% Me Group International (MEGP) 192.00p 3.23% Pollen Street Group Limited (POLN) 914.00p 3.16% Lancashire Holdings Limited (LRE) 664.00p 2.79% Aston Martin Lagonda Global Holdings (AML) 60.00p 2.74% Marshalls (MSLH) 174.00p 2.72%

FTSE 250 - Fallers

TP Icap Group (TCAP) 244.00p -6.87% Playtech (PTEC) 239.00p -3.43% W.A.G Payment Solutions (EWG) 91.40p -2.77% Oxford Biomedica (OXB) 664.00p -2.64% Watches of Switzerland Group (WOSG) 388.60p -2.56% QinetiQ Group (QQ.) 464.40p -2.31% Avon Technologies (AVON) 1,878.00p -2.29% Hochschild Mining (HOC) 309.80p -2.09% Allianz Technology Trust (ATT) 527.00p -1.68% B&M European Value Retail S.A. (DI) (BME) 168.65p -1.66%

Share this article

Related Sharecast Articles

FTSE 250 movers: Greggs on the menu; Big Yellow tumbles
(Sharecast News) - FTSE 250: 22,134.84, up 63.85 (0.29%)
FTSE 100 movers: Burberry rises after HSBC lifts PT; SSE goes ex-div
(Sharecast News) - London's FTSE 100 was 0.3% higher at 9,723.55 in afternoon trade on Thursday.
FTSE 250 movers: SSP soars, Trustpilot tanks
(Sharecast News) - FTSE 250 (MCX) 22,041.97 0.18%
FTSE 100 movers: Miners in the black; Sainsbury's slumps
(Sharecast News) - London's FTSE 100 was flat at 9,701.85 in afternoon trade on Wednesday

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.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.