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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: Oil stocks slip as Iran peace hopes rise

(Sharecast News) - FTSE 250 (MCX) 23,276.30 1.33% Diversified Energy, Harbour Energy, Energean and Ithaca both fell in line with weaker oil prices after US President Donald Trump claimed a peace deal with Iran could be agreed by the weekend. However, Tehran insisted it had not reached a final decision on an agreement.

Defence company Qinetiq also fell as peace hopes rose. Wizz Air gained on the prospect of lower fuel costs and rotes re-opening to the region.

FTSE 250 - Risers

Ceres Power Holdings (CWR) 599.00p 7.71% Hochschild Mining (HOC) 527.00p 5.95% SSP Group (SSPG) 170.50p 5.55% Edinburgh Worldwide Inv Trust (EWI) 285.00p 5.17% TBC Bank Group (TBCG) 4,532.00p 4.96% BlackRock World Mining Trust (BRWM) 975.00p 4.95% Great Portland Estates (GPE) 324.60p 4.76% Pan African Resources (PAF) 107.90p 4.75% Allianz Technology Trust (ATT) 721.00p 4.49% Pacific Horizon Inv Trust (PHI) 1,124.00p 4.46%

FTSE 250 - Fallers

Diversified Energy Company (DI) (DEC) 1,034.00p -3.19% QinetiQ Group (QQ.) 473.60p -2.03% Harbour Energy (HBR) 263.00p -1.95% C&C Group (CDI) (CCR) 93.70p -1.89% Aston Martin Lagonda Global Holdings (AML) 40.74p -1.78% Ithaca Energy (ITH) 248.30p -1.78% Oxford Nanopore Technologies (ONT) 117.60p -1.67% Oxford Biomedica (OXB) 598.00p -1.64% Chemring Group (CHG) 524.50p -1.41% Energean (ENOG) 741.50p -1.33%

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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.