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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: Kainos surges on update

(Sharecast News) - FTSE 250 (MCX) 24,652.69 -0.21%

IT services provider Kainos surged to the top of the FTSE 250 as it said full-year revenue and adjusted pre-tax profit were set to be "comfortably ahead" of current market expectations.

Kainos' update comes after it delivered double‑digit revenue growth, a very strong sales performance and record backlog levels in the year ended 31 March, with management stating momentum had continued through the opening months of FY27. Digital services remained a key driver, supported by several major contract wins in the second half of FY26 and further awards since the new year began. Both Workday Services and Workday Products also continued to trade well, each posting double‑digit revenue growth compared with the same period last year.

JPMorgan Japanese Investment Trust fell in line with a weaker Tokyo market overnight.

Diversified Energy, Ithaca Energy and Harbour Energy all gained on a stronger oil price.

FTSE 250 - Risers

Kainos Group (KNOS) 1,185.00p 21.75% Ocado Group (OCDO) 245.00p 4.60% AEP Plantations (AEP) 188.00p 4.44% Ithaca Energy (ITH) 251.40p 2.86% Diversified Energy Company (DI) (DEC) 1,068.00p 2.30% Frasers Group (FRAS) 811.50p 2.14% Hilton Food Group (HFG) 618.50p 1.98% Johnson Matthey (JMAT) 2,341.50p 1.80% Harbour Energy (HBR) 253.20p 1.61% Genus (GNS) 2,294.00p 1.50%

FTSE 250 - Fallers

Raspberry PI Holdings (RPI) 638.75p -6.03% Ceres Power Holdings (CWR) 417.20p -3.88% Keller Group (KLR) 2,982.00p -3.49% Pacific Horizon Inv Trust (PHI) 1,092.00p -3.36% Patria Private Equity Trust (PPET) 594.00p -3.26% JPMorgan Japanese Inv Trust (JFJ) 833.00p -3.25% Polar Capital Technology Trust (PCT) 664.00p -3.13% Seraphim Space Investment Trust (SSIT) 182.20p -3.09% Rank Group (RNK) 103.20p -3.01% Allianz Technology Trust (ATT) 712.00p -3.00%

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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.