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: MAM surges on upgrade; SSP slides on lower profit estimate

Fri 09 Oct 2026 14:09

(Sharecast News) - FTSE 250 (MCX) 24,231.30 1.20%

Morgan Advanced Materials surged after RBC Capital Markets upgraded the shares to 'outperform' from 'sector perform'.

Seraphim Space Investment Trust jumped as the world's first listed SpaceTech investment company, said it had invested $15m for the C share portfolio of Xona Space Systems. The financing has resulted in a material increase in the fair value of SSIT's holding in the ordinary share portfolio, making Xona the Company's second largest portfolio holding.

Based on the closing sterling-dollar exchange rate, the valuation derived from the financing increases the fair value of the Company's existing holding by approximately £52.2m from the last published fair value as at 31 March 2026, equivalent to 22.0p per ordinary share (gross of any performance fee accrual). The company expects to substantially reflect this uplift in the portfolio valuation as at 30 September 2026.

Airport and rail food outlet operator SSP Group said it expected full-year operating profit to be slightly lower than expectations due to weaker passenger numbers in North America during the summer.

Ocado continued to surge after Wednesday's report that Australia's Coles is exploring the use of robots in its supermarkets to pick and pack grocery orders and is in early stage talks with the London-listed company about trialling the technology in one of its Melbourne stores.

FTSE 250 - Risers

Morgan Advanced Materials (MGAM) 289.00p 9.43% Ocado Group (OCDO) 302.40p 6.55% Trustpilot Group (TRST) 248.40p 6.33% Seraphim Space Investment Trust (SSIT) 203.50p 6.21% RHI Magnesita N.V. (DI) (RHIM) 2,845.00p 5.55% RS Group (RS1) 788.50p 5.20% Oxford Nanopore Technologies (ONT) 210.20p 5.18% B&M European Value Retail (BME) 267.40p 4.28% Trainline (TRN) 211.00p 4.26% Energean (ENOG) 727.50p 4.15%

FTSE 250 - Fallers

Rightmove (RMV) 488.20p -3.26% SSP Group (SSPG) 182.30p -2.87% Pennon Group (PNN) 362.80p -2.16% Patria Private Equity Trust (PPET) 592.00p -1.33% Allianz Technology Trust (ATT) 764.00p -1.29% Raspberry PI Holdings (RPI) 662.75p -1.23% Cranswick (CWK) 4,980.00p -0.99% Wetherspoon (J.D.) (JDW) 993.00p -0.90% Partners Group Private Equity Limited. (EUR) (PEY) 6.88p -0.86% Polar Capital Technology Trust (PCT) 702.50p -0.57%

Share this article

Related Sharecast Articles

Mon 12 Oct 2026 13:45
FTSE 250 movers: AEP, Hays slump
(Sharecast News) - FTSE 250 (MCX) 24,298.99 0.35%
Fri 09 Oct 2026 14:32
FTSE 100 movers: Telecoms under the cosh; miners rally
(Sharecast News) - London's FTSE 100 was up 1.2% at 10,566.48 in afternoon trade on Friday.
Thu 08 Oct 2026 15:03
FTSE 100 movers: Tesco, Imperial Brands rally on results; Standard Life slumps
(Sharecast News) - London's FTSE 100 was up 0.1% at 10,473.30 in afternoon trade on Thursday.

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