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FTSE 250 movers: Energy stocks gain; Energean in the red
(Sharecast News) - London's FTSE 250 was down 1.1% at 21,143.14 in afternoon trade on Friday. Harbour Energy, Ithaca Energy and Diversified Energy all gained as oil prices jumped after Israel hit Iran's nuclear sites.
Airline Wizz Air slid amid the prospect of higher fuel costs, while cruise operator Carnival was weaker amid worries that Middle East tensions could dent demand.
Energean lost ground after saying it had temporarily suspended the production and activities of its power floating production storage and offloading (FPSO) offshore Northern Israel due to the situation there.
Oxford Instruments was also in the red after full-year results, even as it said that revenue exceeded £500m for the first time and announced the launch of a £50m share buyback.
FTSE 250 - Risers
North Atlantic Smaller Companies Inv Trust (NAS) 3,870.00p 900.00% Harbour Energy (HBR) 211.00p 6.35% Ithaca Energy (ITH) 162.90p 5.10% SDCL Efficiency Income Trust (SEIT) 49.80p 4.84% Trainline (TRN) 281.20p 2.63% Diversified Energy Company (DEC) 1,052.00p 2.04% Endeavour Mining (EDV) 2,376.00p 1.89% QinetiQ Group (QQ.) 511.50p 1.29% Harworth Group (HWG) 172.00p 1.18% B&M European Value Retail S.A. (DI) (BME) 264.30p 1.11%
FTSE 250 - Fallers
Wizz Air Holdings (WIZZ) 1,121.00p -5.40% Carnival (CCL) 1,475.00p -5.21% Energean (ENOG) 820.00p -4.71% Crest Nicholson Holdings (CRST) 188.10p -4.47% Ocado Group (OCDO) 253.40p -3.83% Oxford Instruments (OXIG) 1,806.00p -3.53% Just Group (JUST) 138.60p -3.48% SSP Group (SSPG) 161.00p -3.48% Ninety One (N91) 173.00p -3.35% Watches of Switzerland Group (WOSG) 417.60p -3.24%
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