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(Sharecast News) - FTSE 250 (MCX) 21,622.46 0.25%
Jupiter Fund Management said on Thursday that it has agreed to buy CCLA - the UK's largest asset manager focused on serving non-profit organisations - for £100m.
CCLA manages more than £15bn in assets under management on behalf of charities, religious institutions and local authorities.
Building materials distributor Grafton slumped as it said first-half trading was in line with its expectations but that many of its markets remain challenging and it is not expecting a significant increase in volumes this year. The news hit sector peer Travis Perkins.
Vistry reversed earlier gains as the housebuilder said it remains on track to deliver a year-on-year increase in profits in FY25, supported by a forward order book of £4.3bn and a "strong" pipeline of development opportunities.
Market Movers
FTSE 250 - Risers
Jupiter Fund Management (JUP) 119.80p 10.52%
Morgan Advanced Materials (MGAM) 228.50p 4.58%
Bridgepoint Group (Reg S) (BPT) 335.80p 3.64%
Hill and Smith (HILS) 1,882.00p 3.63%
Aston Martin Lagonda Global Holdings (AML) 82.75p 3.63%
Clarkson (CKN) 3,405.00p 3.03%
Oxford Nanopore Technologies (ONT) 148.90p 2.55%
Baltic Classifieds Group (BCG) 353.50p 2.46%
Ocado Group (OCDO) 240.90p 2.16%
Spire Healthcare Group (SPI) 224.50p 2.05%
FTSE 250 - Fallers
Grafton Group Ut (CDI) (GFTU) 932.20p -6.31%
Bytes Technology Group (BYIT) 338.80p -4.67%
Energean (ENOG) 919.00p -3.26%
Great Portland Estates (GPE) 334.00p -3.19%
Travis Perkins (TPK) 576.00p -2.78%
Shaftesbury Capital (SHC) 151.60p -2.13%
Drax Group (DRX) 693.50p -2.12%
British Land Company (BLND) 352.00p -2.11%
Vistry Group (VTY) 613.40p -2.01%
Derwent London (DLN) 1,941.00p -1.82%