Investment accounts
Adult accounts
Child accounts
Choosing Fidelity
Choosing Fidelity
Why invest with us Current offers Fees and charges Open an account Transfer investments
Financial advice & support
Fidelity’s Services
Fidelity’s Services
Financial advice Retirement Wealth Management Investor Centre (London) Bereavement
Guidance and tools
Guidance and tools
Choosing investments Choosing accounts ISA calculator Retirement calculators
Share dealing
Choose your shares
Tools and information
Tools and information
Share prices and markets Chart and compare shares Stock market news Shareholder perks
Pensions & retirement
Pensions, tax & tools
Saving for retirement
Approaching / In retirement
Approaching / In retirement
Speak to a specialist Creating a retirement plan Taking tax-free cash Pension drawdown Annuities Investing in retirement Investment Pathways
FTSE 250 movers: Johnson Matthey and Breedon impress with outlooks
(Sharecast News) - Johnson Matthey was among the best performers of the day on the FTSE 250 after the chemicals group raised the outlook for its full-year underlying operating performance despite posting a drop in first-half sales and profit due to lower precious metal market prices.
For the year to the end of March 2024, the company now expects at least high single digit growth in operating performance at constant precious metal prices and constant currency, up from a previous forecast for at least mid single digit growth. The stock gained 4%.
Also 3% higher was construction materials group Breedon after it hailed a "strong" performance in the 10 months to the end of October and said the outlook for the full year was ahead of expectations.
LXi REIT was on the rise after responding to press speculation, confirming that it was currently under offer and in solicitors' hands regarding the potential sale of 66 Travelodge hotels.
Animal genetics firm Genus declined after saying its ABS division has had "a challenging start" to the year with adjusted operating profits down during the first five months of its fiscal year.
Investors had a muted reaction to a trading update from flow controls specialist Rotork, which reiterated its guidance for the full year. In the ten months to October end, group order intake was up nearly 10%. Also flat was drinks company Britvic after underwhelming with a 5.9% increase in full-year adjusted EBIT.
Residential landlord Grainger gained over 1% after it posted a 7.7% jump in annual rental income, boosted by strong demand for its properties.
Heat treatments firm Bodycote fell nearly 2% after reporting that year-to-date revenue growth was held back by weakness in emerging markets.
FTSE 250 - Risers
Helios Towers (HTWS) 75.10p 4.38% Johnson Matthey (JMAT) 1,522.00p 4.32% Sirius Real Estate Ltd. (SRE) 89.65p 3.94% Genuit Group (GEN) 321.00p 3.88% Telecom Plus (TEP) 1,640.00p 3.67% Carnival (CCL) 1,045.50p 3.62% Wizz Air Holdings (WIZZ) 1,909.00p 3.55% Big Yellow Group (BYG) 1,091.00p 3.31% Cranswick (CWK) 3,834.00p 3.29% C&C Group (CDI) (CCR) 140.00p 3.09%
FTSE 250 - Fallers
Ceres Power Holdings (CWR) 201.40p -3.73% Crest Nicholson Holdings (CRST) 179.00p -3.30% Harbour Energy (HBR) 218.60p -3.15% Genus (GNS) 2,052.00p -2.84% Diversified Energy Company (DEC) 70.30p -1.75% Bodycote (BOY) 584.50p -1.52% Vistry Group (VTY) 799.50p -1.48% Elementis (ELM) 122.00p -1.13% Direct Line Insurance Group (DLG) 187.65p -1.13% Virgin Money UK (VMUK) 157.40p -1.07%
Share this article
Related Sharecast Articles
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.
Policies and important information
Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity and Inclusion | Doing Business with Fidelity | Fidelity gender pay report | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Security | Statutory and Regulatory disclosures | Whistleblowing policy
Please remember that past performance is not necessarily a guide to future performance, the performance of investments is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. This website does not contain any personal recommendations for a particular course of action, service or product. You should regularly review your investment objectives and choices and, if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Before opening an account, please read the ‘Doing Business with Fidelity’ document which incorporates our client terms. Prior to investing into a fund, please read the relevant key information document which contains important information about the fund.
This website is issued by Financial Administration Services Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) (FCA Register number 122169) and registered in England and Wales under company number 1629709 whose registered address is Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP.
