Skip Header
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

(Sharecast News) - London's FTSE 250 was down 0.2% at 19,739.17 in afternoon trade on Friday. Gold miners Hochschild, Centamin and Endeavour were the top performers on the index as gold prices surged.

Russ Mould, investment director at AJ Bell, said: "Gold prices extended their recent rally as investors took the view that the global market situation warranted owning the precious metal.

"Central banks have been busy stocking up on gold and investors have followed suit, believing that the asset will come in handy if we continue to see a volatile period on the markets as the timing for interest rate cuts is pushed further back."

Diversified Energy was the top riser as Brent crude remained above $90 a barrel amid tensions in the Middle East.

FTSE 250 - Risers

Diversified Energy Company (DEC) 1,167.00p 5.52% Endeavour Mining (EDV) 1,834.00p 4.32% Hochschild Mining (HOC) 148.80p 4.06% BlackRock World Mining Trust (BRWM) 562.00p 3.50% SDCL Energy Efficiency Income Trust (SEIT) 57.50p 3.42% IP Group (IPO) 48.70p 3.07% Drax Group (DRX) 512.00p 2.98% Centamin (DI) (CEY) 131.50p 2.81% Keller Group (KLR) 1,100.00p 2.80% Genus (GNS) 1,842.00p 2.79%

FTSE 250 - Fallers

Supermarket Income Reit (SUPR) 71.90p -3.10% Watches of Switzerland Group (WOSG) 364.00p -2.41% Indivior (INDV) 1,599.00p -2.02% Bluefield Solar Income Fund Limited (BSIF) 97.70p -1.41% Kainos Group (KNOS) 985.00p -1.30% TP Icap Group (TCAP) 211.00p -1.17% FirstGroup (FGP) 172.70p -1.03% Hammerson (HMSO) 26.20p -0.98% IWG (IWG) 183.20p -0.97% Safestore Holdings (SAFE) 753.00p -0.92%

Share this article

Related Sharecast Articles

FTSE 250 movers: GB Group tanks, Raspberry Pi surges
(Sharecast News) - FTSE 250 (MCX) 23,335.03 0.38%
FTSE 250 movers: easyJet, Bluefield up on bid talk; Pan African slumps on outlook
(Sharecast News) - FTSE 250 (MCX) 23,378.13 -0.20%
FTSE 100 movers: BP and Shell gush higher as oil extends gains; defence firms slump
(Sharecast News) - London's FTSE 100 was down 0.9% at 10,320.81 in afternoon trade on Monday, sliding on news that Iran has suspended peace talks with the US.
FTSE 250 movers: Ocado surges on Asda deal; retailers hit by downgrades
(Sharecast News) - London's FTSE 250 was up 0.5% at 23,449.04 in afternoon trade on Friday.

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.