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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: Hochschild shines; Telecom Plus slides

(Sharecast News) - FTSE 250 (MCX) 21,058.68 0.35%

Miners were in favour as metals prices rose, with Hochschild Mining in the black.

Dan Coatsworth, investment analyst at AJ Bell, said: "Just days after iron ore prices hit their lowest level in two years, the metal staged a small recovery amid hopes that stimulus measures in China could help to avoid a major slump in demand for the metal.

"Iron ore is a key component in steelmaking and is used in property construction. China has suffered from a big slump in its real estate sector, with countless properties either sitting empty or half-built.

OSB Group rallied after a slump last week as it cut its net interest guidance for the full financial year.

Telecom Plus - which offers bundled utility services - was down as sentiment around Sky's wholesale deal with CityFibre, hit BT shares on Tuesday.

Market Movers

FTSE 250 - Risers

OSB Group (OSB) 400.00p 4.33% Hochschild Mining (HOC) 191.40p 3.80% Wizz Air Holdings (WIZZ) 1,297.00p 3.68% Watches of Switzerland Group (WOSG) 396.00p 3.66% Elementis (ELM) 163.00p 3.43% International Workplace Group (IWG) 178.40p 3.24% Close Brothers Group (CBG) 490.40p 2.77% Victrex plc (VCT) 1,016.00p 2.52% Harbour Energy (HBR) 283.80p 2.45% Ashmore Group (ASHM) 175.90p 2.45%

FTSE 250 - Fallers

Telecom Plus (TEP) 1,810.00p -2.06% North Atlantic Smaller Companies Inv Trust (NAS) 4,000.00p -1.96% Syncona Limited NPV (SYNC) 120.60p -1.79% Jlen Environmental Assets Group Limited NPV (JLEN) 92.60p -1.28% HICL Infrastructure (HICL) 127.60p -1.24% Pennon Group (PNN) 598.50p -1.24% NB Private Equity Partners Ltd. (NBPE) 1,610.00p -1.23% Grainger (GRI) 241.00p -1.03% Pacific Horizon Inv Trust (PHI) 598.00p -0.99% Chemring Group (CHG) 400.00p -0.99%

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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.