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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: SSP slumps on UBS note; Cyclicals also lower

(Sharecast News) - FTSE 250 (MCX) 21,604.46 -0.42% SSP was under the cosh after a downgrade to 'sell' from 'neutral' at UBS. The bank said that mid-term consensus screens as stretched in light of upcoming headwinds.

Warehouse Reit was in focus after Blackstone Europe took a step closer to securing the property group, which backed an improved £489m takeover bid.

Cyclical stocks were lower after a surprise fall in UK GDP, with Marshalls, Vistry and Savills down.

FTSE 250 - Risers

Hochschild Mining (HOC) 283.80p 4.72% IP Group (IPO) 57.30p 2.69% Endeavour Mining (EDV) 2,276.00p 2.52% Zigup (ZIG) 336.50p 2.28% Jupiter Fund Management (JUP) 122.40p 2.00% Vietnam Enterprise Investments (DI) (VEIL) 658.00p 1.70% AJ Bell (AJB) 521.50p 1.36% HICL Infrastructure (HICL) 120.00p 1.35% Fidelity China Special Situations (FCSS) 261.00p 1.16% Cranswick (CWK) 5,220.00p 1.16%

FTSE 250 - Fallers

SSP Group (SSPG) 170.10p -9.52% Ocado Group (OCDO) 235.60p -2.77% Vistry Group (VTY) 605.40p -2.54% RS Group (RS1) 581.50p -2.43% Close Brothers Group (CBG) 395.60p -2.42% Vesuvius (VSVS) 388.80p -2.36% Marshalls (MSLH) 257.50p -2.28% Bloomsbury Publishing (BMY) 494.50p -2.27% Bodycote (BOY) 594.00p -2.22% Savills (SVS) 945.00p -2.17%

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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.