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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: Future falls; Bridgepoint gains on results

(Sharecast News) - London's FTSE 250 was down 1% at 19,610.28 in afternoon trade on Tuesday. Media group Future was in the red after Daily Express and Mirror publisher Reach posted a drop in first-half profits and revenues amid cost pressures and warned that digital growth would remain "subdued".

Travis Perkins was under the cosh after Wickes, which was spun off from the group last year, downgraded its full-year adjusted pre-tax profit expectations. Wickes said "trading in recent weeks in DIY and a softer outlook for the DIFM (do-it-for-me) market suggest customers are reacting to the uncertain macroeconomic backdrop as we enter the second half of our financial year".

On the upside, asset manager Bridgepoint jumped after it said first-half trading was ahead of expectations and reaffirmed its full-year guidance.

FTSE 250 - Risers

Bridgepoint Group (Reg S) (BPT) 240.00p 5.08% Tullow Oil (TLW) 48.44p 3.68% Babcock International Group (BAB) 340.00p 2.16% Wizz Air Holdings (WIZZ) 1,969.50p 2.15% Convatec Group (CTEC) 226.80p 1.98% Sequoia Economic Infrastructure Income Fund Limited (SEQI) 88.00p 1.62% Lancashire Holdings Limited (LRE) 432.60p 1.50% Quilter (QLT) 104.10p 1.36% Centamin (DI) (CEY) 80.26p 1.31% Helios Towers (HTWS) 139.10p 1.31%

FTSE 250 - Fallers

ASOS (ASC) 1,031.00p -8.03% Future (FUTR) 1,761.00p -7.85% Jupiter Fund Management (JUP) 123.80p -7.27% Currys (CURY) 65.85p -7.25% Travis Perkins (TPK) 968.80p -6.26% Ferrexpo (FXPO) 142.40p -5.94% Aston Martin Lagonda Global Holdings (AML) 442.10p -5.86% Marks & Spencer Group (MKS) 137.50p -5.43% Volution Group (FAN) 379.00p -5.37% Molten Ventures (GROW) 448.00p -4.92%

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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.

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