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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: Currys surges; Baltic feels the cold

(Sharecast News) - FTSE 250 (MCX) 21,647.94 0.91%

Electricals and tech retailer Currys surged as it resumed dividend payments following a spike in annual sales and profits. The FTSE 250 firm said group revenues rose 3% in the year to 3 May, to £8.7bn, or by 2% on a like-for-like basis. Within that, sales in the UK and Ireland were 4% stronger on an underlying basis, and flat in the Nordics.

Baltic Classifieds tumbled after full-year results, while Watches of Switzerland slumped as it posted record revenue but reported a fall in annual profits and warned US products would be hit by tariff increases.

Close Brothers gained on hopes that an imminent motor finance ruling by the Supreme Court may not be too onerous.

Market Movers

FTSE 250 - Risers

Genus (GNS) 2,180.00p 9.11% Currys (CURY) 127.20p 7.34% Close Brothers Group (CBG) 399.00p 7.26% TBC Bank Group (TBCG) 4,770.00p 4.03% Bodycote (BOY) 610.00p 3.83% Raspberry PI Holdings (RPI) 471.60p 3.69% Greggs (GRG) 1,733.00p 3.46% XPS Pensions Group (XPS) 367.50p 3.38% Vistry Group (VTY) 638.20p 3.27% Bytes Technology Group (BYIT) 352.60p 3.22%

FTSE 250 - Fallers

Baltic Classifieds Group (BCG) 324.00p -8.35% Watches of Switzerland Group (WOSG) 393.60p -6.64% Workspace Group (WKP) 393.00p -3.68% Keller Group (KLR) 1,390.00p -3.07% FirstGroup (FGP) 222.60p -2.37% W.A.G Payment Solutions (WPS) 85.60p -2.28% Kier Group (KIE) 196.80p -1.85% Big Yellow Group (BYG) 951.00p -1.45% JPMorgan European Discovery Trust (JEDT) 565.00p -1.40% Bluefield Solar Income Fund Limited (BSIF) 96.60p -1.02%

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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.