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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: Shine comes off Petropavlovsk as sanctions bite

(Sharecast News) -

The FTSE 250 was down 1.77% at 20,733.03 at 1444 GMT as the war in Ukraine intensified.

Gold miner Petropavlosk - which has operations in Russia - and iron ore pellet producer Ferrexpo were heavy suffered heavy losses.

Paddy Power owner Flutter Entertainment was a big loser as it said underlying annual profit fell as the gambling group was hit by a string of punter-friendly sporting results in the UK and Ireland.

Daily Mirror publisher Reach slumped by almost a quarter after it said higher newsprint inflation would result in a drop in 2022 operating profit.

Rotork also gained even as the engineering group reported a fall in annual profits.

FTSE 250 - Risers

Rotork (ROR) 318.00p 3.05% Centamin (DI) (CEY) 101.70p 2.52% Darktrace (DARK) 452.20p 2.22% BlackRock World Mining Trust (BRWM) 743.00p 2.06% Biffa (BIFF) 331.50p 2.00% WH Smith (SMWH) 1,656.50p 1.91% Mediclinic International (MDC) 335.20p 1.88% Harbour Energy (HBR) 405.20p 1.76% Man Group (EMG) 196.05p 1.58% Currys (CURY) 95.05p 1.22%

FTSE 250 - Fallers

Petropavlovsk (POG) 6.03p -24.63% Reach (RCH) 171.60p -24.57% Liontrust Asset Management (LIO) 1,372.00p -9.38% 888 Holdings (888) 220.20p -9.08% Bridgepoint Group (Reg S) (BPT) 310.50p -8.27% Cineworld Group (CINE) 37.10p -7.50% easyJet (EZJ) 557.80p -7.43% Aston Martin Lagonda Global Holdings (AML) 948.00p -7.33% Drax Group (DRX) 654.50p -7.29% XP Power Ltd. (DI) (XPP) 4,030.00p -7.14%

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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.

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