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FTSE 250 movers: Oxford Biomedica tumbles on tariff sentiment
(Sharecast News) - FTSE 250 (MCX) 21,688.17 0.47% Oxford Biomedica shares slumped after US President Donald Trump announced a new raft of tariffs, including 100% on branded drugs.
Trump said the US would impose 100% levies on imported branded drugs, 25% on heavy-duty trucks and 50% on kitchen cabinets.
Bathroom vanities would be slapped with a 50% tariff while upholstered furniture would face duties of 30%.
All the new charges would take effect on October 1, Trump added via social media posts with exemptions for those companies that built factories in America.
Dr Martens led the risers, although there was no apparent reason for the jump.
FTSE 250 - Risers
Dr. Martens (DOCS) 94.65p 3.44% Johnson Service Group (JSG) 148.00p 3.21% Kier Group (KIE) 214.50p 3.13% Greggs (GRG) 1,556.00p 2.77% PayPoint (PAY) 668.00p 2.30% International Workplace Group (IWG) 215.00p 2.28% Grainger (GRI) 186.00p 2.09% THG (THG) 36.12p 2.03% Chemring Group (CHG) 564.00p 1.81% Raspberry PI Holdings (RPI) 419.30p 1.77%
FTSE 250 - Fallers
Oxford Biomedica (OXB) 537.00p -6.28% Ashoka India Equity Investment Trust (AIE) 259.50p -1.89% Pinewood Technologies Group (PINE) 426.50p -1.84% Victrex plc (VCT) 683.00p -1.73% Future (FUTR) 651.50p -1.66% Tate & Lyle (TATE) 451.60p -1.27% Hochschild Mining (HOC) 337.20p -1.06% JPMorgan Indian Investment Trust (JII) 1,014.00p -0.98% Templeton Emerging Markets Inv Trust (TEM) 216.00p -0.92% Pantheon Infrastructure (PINT) 108.00p -0.92%
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