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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: Greggs slides; Hilton jumps

(Sharecast News) - FTSE 250 (MCX) 24,032.45 -0.19% Greggs was knocked lower by a downgrade to 'sector perform' from 'outperform' at RBC Capital Markets following first-half results.

Food packaging business Hilton Food said on Friday that it has agreed to sell Dalco Food, its Netherlands‑based vegan and vegetarian business, to Livekindly Production for £5.4m, as it continues to streamline operations and refocus on its core meat and fresh prepared food divisions.

Taylor Wimpey fell as the housebuilder trimmed its forecast for annual home completions, reported a decline in first-half profit and completions, and said it was reducing shareholder returns due to a more prolonged than expected downturn in the housing market.

Rightmove lowered its full-year revenue growth guidance on Friday after continued weakness in the UK new-build housing market overshadowed a solid first-half performance.

FTSE 250 - Risers

AEP Plantations (AEP) 180.00p 5.26% Pacific Horizon Inv Trust (PHI) 1,046.00p 4.39% Hilton Food Group (HFG) 592.00p 4.23% Rightmove (RMV) 471.80p 3.48% JPMorgan Emerging Markets Growth & Income (JMGI) 162.20p 3.18% Schroder Asian Total Return Investment Company (ATR) 686.00p 3.15% Templeton Emerging Markets Inv Trust (TEM) 306.00p 2.86% Renishaw (RSW) 4,970.00p 2.64% Hammerson (HMSO) 377.00p 2.60% Polar Capital Technology Trust (PCT) 627.50p 2.53%

FTSE 250 - Fallers

Greggs (GRG) 1,882.00p -7.43% Helios Towers (HTWS) 194.50p -5.13% Taylor Wimpey (TW.) 79.10p -5.02% Hays (HAS) 57.25p -4.73% Plus500 Ltd (DI) (PLUS) 3,936.00p -4.00% Pan African Resources (PAF) 91.70p -3.77% CMC Markets (CMCX) 676.00p -3.43% Michael Page (PAGE) 182.60p -2.77% WH Smith (SMWH) 432.40p -2.70% Rank Group (RNK) 97.70p -2.69%

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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.