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FTSE 250 movers: Morgan Sindall surges; Tate & Lyle falls again
(Sharecast News) - London's FTSE 250 was flat at 22,042.76 in afternoon trade on Thursday. Morgan Sindall surged as it said 2025 results will be "significantly" ahead of its previous expectations, following a continuation of the strengthening performance from the Fit Out division.
Wizz Air flew higher after saying it carried 6.26m passengers in September, up 8.8% year-on-year.
Tate & Lyle was under the cosh for the second day in a row, having fallen sharply on Wednesday after downgrading its full-year profit and revenue expectations.
Iconic bootmaker Dr Martens fell after saying it has entered the UAE for the first time through a distribution partnership agreement with Beside Group, and expanded its presence in Latin America by partnering with Crosby.
Dr Martens said Crosby opened a store in Santiago, Chile, this week. This is the second in the region following the opening of a store in Argentina in August.
Crosby partners with "iconic" international fashion and luxury brands, serving as their official distributor in Latin America, while Beside is a "leading" partner for international brands in the Middle East, with significant experience in retail and wholesale, spanning several decades, Dr Martens said.
It said the partnership with Crosby will drive the brand's reach in Mexico, Argentina, Paraguay and Chile and includes mono-branded retail stores and wholesale. The first mono-branded Dr. Martens store opened in Palermo, Buenos Aires, in August.
FTSE 250 - Risers
Morgan Sindall Group (MGNS) 4,675.00p 6.86% Aston Martin Lagonda Global Holdings (AML) 84.35p 3.50% Wizz Air Holdings (WIZZ) 1,183.00p 2.87% Oxford Instruments (OXIG) 1,942.00p 2.53% Raspberry PI Holdings (RPI) 426.10p 2.43% Computacenter (CCC) 2,732.00p 2.17% XPS Pensions Group (XPS) 345.00p 2.07% Partners Group Private Equity Limited. (EUR) (PEY) 10.55p 1.93% Allianz Technology Trust (ATT) 508.00p 1.80% Watches of Switzerland Group (WOSG) 378.60p 1.77%
FTSE 250 - Fallers
Tate & Lyle (TATE) 370.20p -5.32% CMC Markets (CMCX) 226.50p -4.23% Greggs (GRG) 1,641.00p -3.81% Victrex plc (VCT) 687.00p -3.65% Johnson Service Group (JSG) 145.20p -3.07% Dr. Martens (DOCS) 95.10p -2.66% Oxford Nanopore Technologies (ONT) 153.10p -2.61% Foresight Group Holdings Limited NPV (FSG) 473.50p -2.47% Vistry Group (VTY) 648.00p -2.41% AJ Bell (AJB) 508.00p -2.31%
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