Investment accounts
Adult accounts
Child accounts
Choosing Fidelity
Choosing Fidelity
Why invest with us Current offers Fees and charges Open an account Transfer investments
Financial advice & support
Fidelity’s Services
Fidelity’s Services
Financial advice Retirement Wealth Management Investor Centre (London) Bereavement
Guides
Guidance and tools
Shares
Share dealing
Choose your shares
Tools and information
Tools and information
Share prices and markets Chart and compare shares Stock market news Shareholder perks Stock plan guidance
Pensions & retirement
Pensions, tax & tools
Saving for retirement
Approaching / In retirement
Approaching / In retirement
Speak to a specialist Creating a retirement plan Taking tax-free cash Pension drawdown Annuities Investing in retirement Investment Pathways
FTSE 250 movers: Firstgroup rallies on results; Hochschild loses its shine
(Sharecast News) - London's FTSE 250 closed up 0.5% at 21,389.46 on Tuesday.
FirstGroup racked up strong gains as the train and bus operator announced a new £50m buyback and said the outlook for the current year remains in line with expectations, though rail results will be lower due to South Western Railway (SWR) transferring into public ownership.
Bellway rallied as it said trading had been "robust" through the spring selling season and lifted its full-year outlook for completion volumes and average prices. Fellow housebuilder Vistry also advanced.
Aberdeen was among the risers as JPMorgan Cazenove upgraded the stock to 'overweight' from 'neutral' and placed shares of the asset manager on 'positive catalyst watch' ahead of results.
The bank said its analysis suggests that flows in the Adviser vector might soon turn positive thanks to a new competitive pricing structure and improving customer satisfaction.
"Furthermore, we expect that the strong momentum recorded by interactive investor (ii) in recent quarters will accelerate further, and that the platform will continue to win market share thanks to its best-in-class pricing and compelling offering," JPM said.
On the downside, Hochschild Mining tumbled as it said it expects a "significant reduction" to output guidance at its Mara Rosa gold mine in Brazil due to a processing shutdown caused by heavier-than-usual seasonal rainfall over the past few months and "contractor performance issues".
FTSE 250 - Risers
FirstGroup (FGP) 217.20p 12.07% Vistry Group (VTY) 654.00p 9.40% Bellway (BWY) 2,884.00p 7.85% Close Brothers Group (CBG) 360.00p 7.46% Safestore Holdings (SAFE) 667.00p 6.89% Abrdn (ABDN) 195.70p 6.36% ITV (ITV) 80.85p 5.96% Aston Martin Lagonda Global Holdings (AML) 87.20p 5.95% SDCL Efficiency Income Trust (SEIT) 47.60p 4.85% Dr. Martens (DOCS) 81.05p 4.65%
FTSE 250 - Fallers
Hochschild Mining (HOC) 232.20p -22.91% QinetiQ Group (QQ.) 513.00p -6.73% Just Group (JUST) 144.60p -4.99% B&M European Value Retail S.A. (DI) (BME) 265.70p -4.08% Plus500 Ltd (DI) (PLUS) 3,372.00p -2.99% Lion Finance Group (BGEO) 6,740.00p -2.95% Senior (SNR) 168.80p -2.65% Chemring Group (CHG) 562.00p -2.60% Renishaw (RSW) 2,735.00p -2.51% Endeavour Mining (EDV) 2,222.00p -2.37%
Share this article
Related Sharecast Articles
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.
Policies and important information
Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity, Equity & Inclusion | Diversity, Equity & Inclusion Reports | Doing Business with Fidelity | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Staying secure | Statutory and Regulatory disclosures | Whistleblowing programme
Please remember that past performance is not necessarily a guide to future performance, the performance of investments is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. This website does not contain any personal recommendations for a particular course of action, service or product. You should regularly review your investment objectives and choices and, if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Before opening an account, please read the ‘Doing Business with Fidelity’ document which incorporates our client terms. Prior to investing into a fund, please read the relevant key information document which contains important information about the fund.
This website is issued by Financial Administration Services Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) (FCA Register number 122169) and registered in England and Wales under company number 1629709 whose registered address is Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP.
