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: Darktrace surges on guidance; travel stocks hit

(Sharecast News) - London's FTSE 250 was down 0.2% at 19,772.85 in afternoon trade on Thursday.

Cybersecurity specialist Darktrace surged as it lifted its guidance for the year after a strong third quarter saw annualised recurring revenue grow 23.5% year-on-year to $731.1m.

Great Portland Estates gained as it struck an upbeat note on the back of strong demand and a likely cut in interest rates.

The London-focused developer and landlord said it had signed 14 new leases and renewals in the fourth quarter, generating annual rent of £5.7m.

Savills, TP Icap, Man Group and ITV were all lower as they traded without entitlement to the dividend.

Travel shares Tui and Carnival also fell amid the potential threat of an Iranian attack on Israel.

Jupiter Fund Management lost ground after Barclays downgraded the shares to 'underweight' from 'equalweight' and cut the price target to 85p from 88p.

FTSE 250 - Risers

Darktrace (DARK) 463.60p 6.60% Safestore Holdings (SAFE) 763.00p 4.95% Watches of Switzerland Group (WOSG) 371.20p 4.62% Great Portland Estates (GPE) 386.00p 3.62% Bakkavor Group (BAKK) 117.50p 3.52% Drax Group (DRX) 498.00p 3.06% Diversified Energy Company (DEC) 1,109.00p 2.78% Tate & Lyle (TATE) 647.50p 2.61% Big Yellow Group (BYG) 1,042.00p 2.36% Workspace Group (WKP) 506.00p 2.22%

FTSE 250 - Fallers

Savills (SVS) 1,020.00p -3.77% Paragon Banking Group (PAG) 675.00p -3.64% TUI AG Reg Shs (DI) (TUI) 652.50p -3.62% Man Group (EMG) 265.80p -3.49% Senior (SNR) 165.20p -3.17% TP Icap Group (TCAP) 215.00p -3.15% ITV (ITV) 70.95p -3.07% International Public Partnerships Ltd. (INPP) 120.80p -3.05% Jupiter Fund Management (JUP) 87.80p -2.98% Carnival (CCL) 1,064.50p -2.70%

Share this article

Related Sharecast Articles

FTSE 250 movers: Wood Grp gains on bid rebuff; AJ Bell slides on founder stake sale
(Sharecast News) - FTSE 250 (MCX) 20,633.26 0.01%
FTSE 250 movers: Drax and Pennon hit by political risk
(Sharecast News) - Drax Group was struggling at the bottom of the pile on a down day for the second-tier index.
FTSE 100 movers: St James's Place rallies; NatWest in the red
(Sharecast News) - London's FTSE 100 was down 0.4% in afternoon trade on Thursday.
FTSE 250 movers: Commodity plays hit by possibility of rates higher for longer
(Sharecast News) - Commodity plays dragged on the second-tier index in the middle of the week amid talk among high-profile market observers of uncertainty around the path for interest rates in the US.

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.