Open an account Help & support Register Account summary Log out
Skip Header
Home Stock market news

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: Kainos slumps; Miners shine

Mon 09 Nov 2026 14:32

(Sharecast News) - FTSE 250 (MCX) 24,659.41 0.63%

Shares in Kainos fell sharply on Monday despite the IT group delivering a strong first half, with adjusted pre-tax profit rising 30% to £41.7m on revenue growth of 37% to £268.8m.

The company also reported higher bookings and a larger contracted backlog, supporting confidence in future earnings as it held guidance for the full year.

Rising profits were driven by strong growth in Digital Services, particularly UK public sector and healthcare work, alongside continued expansion of its Workday business, where recurring revenue continued to grow strongly.

Looking ahead, Kainos said it expected further revenue and adjusted pre-tax profit growth in the second half of the fiscal year, in line with market expectations, although Digital Services growth is expected to moderate against a stronger comparative period.

The group also highlighted longer-term confidence, supported by a substantial multi-year backlog, a strong balance sheet and growing demand for digital transformation and AI-enabled solutions. Workday Products is expected to surpass £100m in annual recurring revenue during the current quarter.

Gold miners gained on higher prices as the dollar weakened and government bond yields eased. Endeavour Mining and Pan African Resources were both up as a result.

Wizz Air also rose as the price of Brent Crude fell sharply.

FTSE 250 - Risers

TBC Bank Group (TBCG) 5,215.00p 7.39% Seraphim Space Investment Trust (SSIT) 179.00p 6.17% Wizz Air Holdings (WIZZ) 1,127.00p 6.12% Raspberry PI Holdings (RPI) 522.25p 5.35% Edinburgh Worldwide Inv Trust (EWI) 255.50p 4.93% Oxford Instruments (OXIG) 2,556.00p 4.93% Endeavour Mining (EDV) 4,265.00p 4.72% Discoverie Group (DSCV) 798.00p 3.63% Pan African Resources (PAF) 119.60p 3.46% Chemring Group (CHG) 545.00p 3.42%

FTSE 250 - Fallers

Kainos Group (KNOS) 1,068.00p -13.09% Trustpilot Group (TRST) 251.80p -4.31% Bytes Technology Group (BYIT) 426.40p -3.13% Wetherspoon (J.D.) (JDW) 991.50p -2.31% Johnson Service Group (JSG) 146.50p -2.07% Michael Page (PAGE) 206.40p -1.99% 4Imprint Group (FOUR) 4,290.00p -1.83% Frasers Group (FRAS) 964.00p -1.78% NCC Group (NCC) 157.80p -1.74% Mitchells & Butlers (MAB) 314.50p -1.72%

Share this article

Related Sharecast Articles

Tue 10 Nov 2026 14:07
FTSE 100 movers: Marks & Spencer rallies; energy names slump
(Sharecast News) - London's FTSE 100 was up 0.1% at 10,794.33 in afternoon trade on Tuesday.
Mon 09 Nov 2026 14:08
FTSE 100 movers: Miners gain in tandem with metals prices; energy shares slump
(Sharecast News) - London's FTSE 100 was 0.6% firmer at 10,736.91 in afternoon trade on Monday.
Fri 06 Nov 2026 14:09
FTSE 100 movers: IAG flies higher after results; BT under the cosh
(Sharecast News) - London's FTSE 100 was down 1.3% at 10,647.39 in afternoon trade on Friday.

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.

Awards

Award 1
Award 2
Award 3

Policies and important information

Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statements | Cookie policy | Diversity, Equity & Inclusion | Diversity, Equity & Inclusion Reports | Doing Business with Fidelity | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Statutory and Regulatory disclosures | Whistleblowing programme

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 or Product Summary 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.

© FIL Limited 2026