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: Iran war sees cyclical stocks come into focus

(Sharecast News) - FTSE 250 (MCX) 23,435.90 -1.35%

The US-Israeli war on Iran as cyclical stocks came into play. With the oil price surging to near $80 a barrel on supply concerns oil producers such as Ithaca Energy and Harbour Energy gained. Shipping broker Clarkson also jumped as container prices rose.

Cruise operator Carnival, WH Smith, Wizz Air and SSP were also among the biggest fallers as flights were cancelled and travel suspended.

Personal protection equipment and military helmet maker Avon Technologies also gained.

Energean said the Israeli government had ordered it to suspend production at its floating gas production, storage and offloading facility near the country's coast in response to the war with Iran which began on Saturday.

Shares in Oxford Nanopore Technologies tumbled after the FTSE 250 firm lowered its medium-term guidance.

RHI Magnesita shares tumbled after the release of its full-year results on Monday, as investors appeared to focus on weaker reported earnings and a subdued market outlook despite a second-half recovery driven by cost measures.

Hospitality real estate firm PPHE Hotel Group said on Monday that it has entered into an agreement to repurchase its freehold interest in Park Plaza London Waterloo.

FTSE 250 - Risers

Ithaca Energy (ITH) 240.00p 8.56% Harbour Energy (HBR) 270.40p 7.26% Clarkson (CKN) 4,465.00p 4.69% Shawbrook Group (SHAW) 410.50p 3.93% Avon Technologies (AVON) 1,908.00p 3.81% Foresight Environmental Infrastructure Limited (FGEN) 74.50p 3.47% Jupiter Fund Management (JUP) 194.20p 3.19% Energean (ENOG) 920.00p 2.91% Pan African Resources (PAF) 183.60p 2.57% BlackRock World Mining Trust (BRWM) 1,050.00p 2.33%

FTSE 250 - Fallers

RHI Magnesita N.V. (DI) (RHIM) 2,850.00p -15.10% Oxford Nanopore Technologies (ONT) 116.70p -12.70% PPHE Hotel Group Ltd (PPH) 1,746.00p -12.00% Carnival (CCL) 2,148.00p -8.47% IP Group (IPO) 52.70p -7.54% Wizz Air Holdings (WIZZ) 1,134.00p -6.97% Ocado Group (OCDO) 195.50p -6.50% WH Smith (SMWH) 647.50p -6.18% Aston Martin Lagonda Global Holdings (AML) 43.52p -6.00% SSP Group (SSPG) 194.80p -5.16%

Share this article

Related Sharecast Articles

FTSE 250 movers: Keller surges; Morgan Advanced slumps
(Sharecast News) - FTSE 250 (MCX) 22,765.19 -2.81%
FTSE 100 movers: Informa slides; Bunzl in the black
(Sharecast News) - London's FTSE 100 was down 1.4% at 10,762.24 in afternoon trade on Monday.
FTSE 250 movers: Senior surges; Hays slumps
(Sharecast News) - FTSE 250 (MCX) 23,706.63 -0.05%

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.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.