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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: Travel-related stocks see profit-taking on Ukraine headlines

(Sharecast News) - Travel-related stocks were the main drag on the second-tier index as negative headlines around the war in Ukraine triggered some profit-taking following gains earlier in the week. Earlier, a Russian general reportedly said that one of Moscow's goals was to take control of all of Ukraine's Black Sea coast.

In parallel, Prime Minister Boris Johnson warned that the conflict could conceivably last years.

Against that backdrop, shares of TUI, Easyjet, Carnival and SSP Group all traded lower.

Headed in the other direction, shares of repair services firm Homeserve leapt higher after it revealed that it was in talks Canada's Brookfield Asset Management for a possible offer.

Market Movers

FTSE 250 (MCX) 20,940.73 -1.03%

FTSE 250 - Risers

Homeserve (HSV) 978.00p 14.59% Polymetal International (POLY) 274.90p 9.96% Moonpig Group (MOON) 207.80p 3.18% Oxford Biomedica (OXB) 573.00p 2.32% Abrdn Private Equity Opportunities Trust (APEO) 504.00p 2.02% Fidelity China Special Situations (FCSS) 242.00p 1.68% Hilton Food Group (HFG) 1,214.00p 1.68% Syncona Limited NPV (SYNC) 170.60p 1.67% CMC Markets (CMCX) 283.00p 1.62% Vivo Energy (VVO) 141.00p 1.59%

FTSE 250 - Fallers

Trustpilot Group (TRST) 122.70p -8.16% Aston Martin Lagonda Global Holdings (AML) 840.20p -6.67% Chrysalis Investments Limited NPV (CHRY) 173.20p -5.77% Hammerson (HMSO) 30.23p -5.41% BlackRock World Mining Trust (BRWM) 725.00p -5.35% Ashmore Group (ASHM) 228.40p -3.95% OSB Group (OSB) 574.50p -3.69% easyJet (EZJ) 570.80p -3.55% Baltic Classifieds Group (BCG) 148.60p -3.51% Baillie Gifford US Growth Trust (USA) 207.50p -3.49%

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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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