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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: Housebuilders up on spending review; Ibstock tanks

(Sharecast News) - FTSE 250 (MCX) 21,427.65 0.18%

Housebuilders rallied, with UK Finance Minister Rachel Reeves expected to announce a £39bn investment for social and affordable housing in the spending review. Vistry, Crest Nicholson and Bellway were all up.

On the downside, building products manufacturer Ibstock tumbled as its guidance for full-year adjusted EBITDA fell short of consensus expectations.

FTSE 250 - Risers

THG (THG) 25.80p 9.32% Vistry Group (VTY) 710.20p 8.59% Crest Nicholson Holdings (CRST) 192.70p 6.41% Quilter (QLT) 165.40p 5.69% Raspberry PI Holdings (RPI) 491.70p 3.95% Bellway (BWY) 2,978.00p 3.26% CMC Markets (CMCX) 257.50p 3.00% Primary Health Properties (PHP) 102.70p 2.75% Wizz Air Holdings (WIZZ) 1,212.00p 2.62% Currys (CURY) 124.60p 2.55%

FTSE 250 - Fallers

Ibstock (IBST) 166.20p -13.98% Safestore Holdings (SAFE) 644.50p -3.37% PRS Reit (The) (PRSR) 116.00p -2.36% Dr. Martens (DOCS) 79.25p -2.22% Ferrexpo (FXPO) 47.80p -1.75% Ocado Group (OCDO) 261.80p -1.69% Sirius Real Estate Ltd. (SRE) 95.55p -1.55% ITV (ITV) 79.65p -1.48% Energean (ENOG) 891.00p -1.38% FirstGroup (FGP) 214.20p -1.38%

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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.