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FTSE 250 movers: Ferrexpo rallies again; Wizz, Victrex slip
(Sharecast News) - FTSE 250 (MCX) 20,827.13 -0.70% Victrex traded down as it held guidance after a solid first-quarter performance saw revenues rise 9% but warned trading conditions remain mixed, with medical revenues continuing to be subdued on a year-to-date basis, driven by ongoing industry destocking among its customers.
International Workplace Group rallied after an upgrade to 'overweight' at Barclays, while Wizz Air was boosted by an upgrade to 'buy' at HSBC.
Ashmore Group reported broadly stable assets under management at $48.8bn for the six months ended 31 December on Friday, as improved net flows and reduced redemptions helped to offset market volatility.
Ferrexpo continued to rally after the shares tanked earlier in the week on news of a pending £3bn civil claim in Ukraine.
Market Movers
FTSE 250 - Risers
Ferrexpo (FXPO) 93.60p 7.59% International Workplace Group (IWG) 181.80p 3.12% Babcock International Group (BAB) 590.50p 2.16% Fidelity China Special Situations (FCSS) 238.50p 2.14% NextEnergy Solar Fund Limited Red (NESF) 69.40p 2.06% Drax Group (DRX) 633.00p 1.93% Foresight Solar Fund Limited (FSFL) 74.10p 1.65% Watches of Switzerland Group (WOSG) 572.50p 1.51% Mobico Group (MCG) 71.40p 1.49% European Opportunities Trust (EOT) 880.00p 1.38%
FTSE 250 - Fallers
Indivior (INDV) 797.00p -5.96% Raspberry PI Holdings (RPI) 729.75p -4.67% Aston Martin Lagonda Global Holdings (AML) 108.20p -3.57% Oxford Instruments (OXIG) 1,936.00p -3.44% Moonpig Group (MOON) 218.00p -3.33% Wood Group (John) (WG.) 68.80p -3.03% Bytes Technology Group (BYIT) 458.00p -2.92% Kainos Group (KNOS) 787.00p -2.84% Big Yellow Group (BYG) 931.00p -2.62% Bellway (BWY) 2,540.00p -2.61%
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