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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: Ferrexpo slammed again; Gold miners shine

(Sharecast News) - FTSE 250 (MCX) 20,662.08 0.04%

Shares in London-listed miner Ferrexpo slumped again on Wednesday a day after the company said a civil claim worth 157 billion Ukrainian hryvnia (£3bn) had been filed against its Ukrainian unit Ferrexpo Poltava Mining (FPM) in relation to alleged sale of waste products from the production of iron ore pellets. The stock tanked by 40% immediately after the news.

Shares in miners were higher as gold prices surged on Wednesday, hitting fresh highs, as geopolitical worries and trade tensions between the US and China intensified.

The safe haven asset has been on the rise since US president Donald Trump started imposing tariffs on a number of countries last month. Hochschild Mining gained as a result.

Crest Nicholson was boosted by an upgrade to 'buy' at Investec, while Raspberry Pi was weaker after a downgrade to 'hold' at Jefferies.

Market Movers

FTSE 250 - Risers

Grainger (GRI) 218.00p 4.31% Crest Nicholson Holdings (CRST) 169.30p 3.87% Hochschild Mining (HOC) 186.00p 3.68% Endeavour Mining (EDV) 1,720.00p 3.30% Trustpilot Group (TRST) 349.50p 3.25% Baltic Classifieds Group (BCG) 348.00p 1.90% Hammerson (HMSO) 285.40p 1.71% TR Property Inv Trust (TRY) 305.00p 1.67% Supermarket Income Reit (SUPR) 67.60p 1.65% HarbourVest Global Private Equity Limited A Shs (HVPE) 2,785.00p 1.64%

FTSE 250 - Fallers

Ferrexpo (FXPO) 70.60p -11.75% Foresight Group Holdings Limited NPV (FSG) 385.00p -3.75% Oxford Instruments (OXIG) 2,005.00p -3.14% Bridgepoint Group (Reg S) (BPT) 365.20p -2.56% Ninety One (N91) 148.50p -2.43% Rotork (ROR) 332.60p -2.41% Mobico Group (MCG) 68.65p -2.28% Morgan Advanced Materials (MGAM) 261.50p -2.24% Auction Technology Group (ATG) 585.00p -2.17% Fidelity China Special Situations (FCSS) 229.00p -1.93%

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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.