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FTSE 250 movers: Taylor Wimpey slides; Avon Technologies jumps
(Sharecast News) - FTSE 250 (MCX) 22,196.47 0.21%
Housebuilder Taylor Wimpey lost ground after saying it still expects full-year results to be in line with guidance despite experiencing "softer market conditions" so far in the second half.
Net private sales per outlet averaged 0.63 a week since 30 June, down from 0.71 the year before, while underlying pricing remains broadly flat, impacted by uncertainty ahead of the upcoming Autumn Budget and continued affordability pressures on consumers, the company said.
The housebuilder said results were impacted by uncertainty ahead of the upcoming Autumn Budget and continued affordability pressures on consumers. Rivals Vistry also fell.
Avon Technologies shot higher as it posted full-year revenue and operating profit ahead of market expectations.
FTSE 250 - Risers
Drax Group (DRX) 760.50p 8.03% Smithson Investment Trust (SSON) 1,638.00p 7.20% Avon Technologies (AVON) 1,984.00p 6.67% Kainos Group (KNOS) 978.00p 4.32% Endeavour Mining (EDV) 3,226.00p 3.93% Close Brothers Group (CBG) 449.20p 3.69% Trustpilot Group (TRST) 186.50p 3.38% International Personal Finance (IPF) 208.50p 3.22% Carnival (CCL) 1,910.50p 2.94% THG (THG) 46.32p 2.80%
FTSE 250 - Fallers
Baltic Classifieds Group (BCG) 234.00p -4.49% Taylor Wimpey (TW.) 101.85p -3.73% Foresight Environmental Infrastructure Limited (FGEN) 65.00p -2.84% Chrysalis Investments Limited NPV (CHRY) 117.60p -2.33% SDCL Efficiency Income Trust (SEIT) 60.30p -2.27% Sirius Real Estate Ltd. (SRE) 101.40p -2.03% Vistry Group (VTY) 655.60p -1.92% Victrex plc (VCT) 628.00p -1.88% Currys (CURY) 131.40p -1.79% QinetiQ Group (QQ.) 439.60p -1.70%
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