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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: Gold miners shine; Hilton Food off the menu

(Sharecast News) - FTSE 250 (MCX) 21,264.53 -1.71% Gold miners Hochschild and Endeavour shone as gold prices hit a new record high.

Watches of Switzerland surged after saying it does not expect any material impact from US tariffs in the first half of fiscal 2026 as brand partners increased inventories. The company held guidance despite US President Donald Trump slapping Switzerland with a shock 39% tariff on exports. WoS said trading had been consistently strong in the 18 weeks to 31 August.

Food manufacturer Hilton Food tumbled after releasing first-half results analysts described as "mixed". Hilton said it delivered a "robust" performance and further strategic progress in the six months ended 29 June, despite "challenging" market conditions.

The company posted a 7.6% increase in interim revenue to £2.09bn, while pre-tax profits ticked up 0.3% to £33.6m.

FTSE 250 - Risers

Hochschild Mining (HOC) 334.20p 11.40% Watches of Switzerland Group (WOSG) 338.60p 5.55% Endeavour Mining (EDV) 2,742.00p 4.50% Caledonia Investments (CLDN) 376.00p 3.30% Burberry Group (BRBY) 1,279.00p 2.48% Worldwide Healthcare Trust (WWH) 337.00p 1.35% Harbour Energy (HBR) 228.80p 1.06% Morgan Advanced Materials (MGAM) 209.00p 0.97% GCP Infrastructure Investments Ltd (GCP) 73.40p 0.96% Apax Global Alpha Limited (APAX) 164.80p 0.86%

FTSE 250 - Fallers

Hilton Food Group (HFG) 684.00p -17.79% Ithaca Energy (ITH) 203.00p -14.53% Oxford Nanopore Technologies (ONT) 159.40p -13.98% W.A.G Payment Solutions (WPS) 93.40p -7.06% Ocado Group (OCDO) 306.90p -6.63% IP Group (IPO) 57.60p -5.73% Jupiter Fund Management (JUP) 117.20p -5.64% Kier Group (KIE) 180.20p -5.36% International Workplace Group (IWG) 193.00p -5.30% Pennon Group (PNN) 442.00p -5.15%

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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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