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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: Diversified Energy slumps for second week in a row

Tue 23 Jan 2024 15:21

(Sharecast News) - FTSE 250: 19,076.22, +0.00%

Diversified Energy Company registered another sharp share price fall on Tuesday, a week after a 12% slump that forced it to issue a statement saying there was no "operational or company-specific reason for this share price movement".

"The company further confirms there has been no material change to its financial and operational condition," it said last Tuesday, adding that it planned to issue its fourth quarter and year-end 2023 trading statement during the customary timeframe at the end of this month.

Crest Nicholson dipped as the housebuilder posted a bigger-than-expected fall in annual profits but said it was encouraged by an increase in customer inquiries as borrowing costs fell.

Royal Mail parent IDS rose after an upgrade to 'buy' at HSBC.

Market Movers

FTSE 250 - Risers

Indivior (INDV) 1,342.00p 5.25% Wizz Air Holdings (WIZZ) 1,907.50p 4.89% NCC Group (NCC) 130.00p 4.67% QinetiQ Group (QQ.) 352.60p 4.07% International Distributions Services (IDS) 263.90p 3.78% Harbour Energy (HBR) 296.00p 3.10% Mobico Group (MCG) 89.00p 3.07% Fidelity China Special Situations (FCSS) 191.00p 2.69% Hochschild Mining (HOC) 88.80p 2.30% Virgin Money UK (VMUK) 153.05p 2.24%

FTSE 250 - Fallers

Diversified Energy Company (DEC) 842.50p -12.42% Carnival (CCL) 1,168.50p -3.43% Oxford Instruments (OXIG) 2,150.00p -3.15% TBC Bank Group (TBCG) 2,875.00p -3.04% British Land Company (BLND) 366.90p -2.55% Pagegroup (PAGE) 449.40p -2.35% Lancashire Holdings Limited (LRE) 586.00p -2.33% North Atlantic Smaller Companies Inv Trust (NAS) 3,720.00p -2.11% HGCapital Trust (HGT) 425.00p -2.07% Baltic Classifieds Group (BCG) 218.00p -2.02%

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