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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: Inchcape rallies; Dunelm goes ex-div

Thu 26 Oct 2023 15:01

(Sharecast News) - London's FTSE 250 was down 0.4% at 16,807.08 in afternoon trade on Thursday.

Inchcape gained as the car dealership posted a jump in third-quarter revenue and reiterated its full-year guidance.

Chief executive Duncan Tait said: "We delivered continued momentum across APAC, supported by acquisitions, while our business in Europe and Africa performed well. In the Americas, we are gaining share in key markets and the integration of Derco remains on track."

Cyber security firm Darktrace rose as it unveiled a new cloud solution based on its unique self-learning AI.

The new solution provides comprehensive visibility of cloud architectures, real-time cloud-native threat detection and response, and prioritised recommendations and actions to help security teams manage misconfigurations and strengthen compliance, it said.

Homeware retailer Dunelm was down as it traded without entitlement to the dividend.

FTSE 250 - Risers

Inchcape (INCH) 668.50p 3.64% Greencoat UK Wind (UKW) 135.00p 3.61% Darktrace (DARK) 350.40p 2.91% LondonMetric Property (LMP) 160.20p 2.43% Supermarket Income Reit (SUPR) 72.00p 2.42% Mobico Group (MCG) 60.15p 2.30% Genuit Group (GEN) 267.00p 2.10% Bridgepoint Group (Reg S) (BPT) 181.00p 2.03% Ferrexpo (FXPO) 77.15p 1.98% UK Commercial Property Reit Limited (UKCM) 52.10p 1.96%

FTSE 250 - Fallers

VinaCapital Vietnam Opportunity Fund Ltd. (VOF) 432.00p -4.11% Vietnam Enterprise Investments (DI) (VEIL) 521.00p -4.05% Wizz Air Holdings (WIZZ) 1,565.50p -3.60% PureTech Health (PRTC) 158.00p -3.19% TI Fluid Systems (TIFS) 113.40p -3.08% Oxford Instruments (OXIG) 1,730.00p -2.70% Dunelm Group (DNLM) 982.50p -2.63% IP Group (IPO) 44.85p -2.50% Sequoia Economic Infrastructure Income Fund Limited (SEQI) 75.10p -2.47% Carnival (CCL) 815.80p -2.37%

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