Skip Header
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: Updates from IntegraFin, Trustpilot and Genus impress

(Sharecast News) - The FTSE 250 was edging higher on Tuesday afternoon on the back of strong gains from IntegraFin, Trustpilot and Genus, while B&M topped the fallers list after a disappointing update.

Investment platform operator Integrafin surged 14% after reporting that it had seen "strong" net inflows to its Transact platform during its third quarter, demonstrating "growing momentum" across the business. Integrafin also said it was now undertaking a group-wide cost review.

Trustpilot rallied 9% as it upgraded full-year margin guidance following a solid first-half performance, with the review website reporting a jump in bookings and revenue. Berenberg reiterated a 'buy' rating on the stock following the update, hailing the stock's "undemanding valuation" given its growth potential.

Animal genetics firm Genus impressed with a "strong" underlying group trading performance in the year ended 30 June, as lifts its pre-tax profit forecasts for the current financial year to £72m from £63m.

Hilton Food Group was also higher after revealing the sale of a majority stake in its supplier management platform, Foods Connected, to the Apax Global Impact Fund in a deal that will see the food group receive £22m in cash.

Meanwhile, shares in B&M European Value Retail dropped 6% to record lows after the discount retailer posted weaker-than-expected revenue growth in the first quarter, despite soft comparatives and favourable weather conditions across the UK.

FTSE 250 - Risers

IntegraFin Holding (IHP) 370.50p 14.18% Trustpilot Group (TRST) 275.60p 9.11% Genus (GNS) 2,405.00p 7.61% Hilton Food Group (HFG) 873.00p 3.31% Bytes Technology Group (BYIT) 330.80p 3.12% Rathbones Group (RAT) 1,874.00p 2.29% JTC (JTC) 865.00p 2.13% Kainos Group (KNOS) 734.50p 2.08% XPS Pensions Group (XPS) 386.50p 1.98% Zigup (ZIG) 347.00p 1.91%

FTSE 250 - Fallers

B&M European Value Retail S.A. (DI) (BME) 241.10p -6.44% 4Imprint Group (FOUR) 3,580.00p -3.63% Hochschild Mining (HOC) 280.40p -2.84% Ithaca Energy (ITH) 161.40p -2.77% IG Group Holdings (IGG) 1,055.00p -2.41% AO World (AO.) 96.80p -2.32% W.A.G Payment Solutions (WPS) 85.60p -2.28% QinetiQ Group (QQ.) 498.00p -2.06% TBC Bank Group (TBCG) 4,865.00p -1.92% Endeavour Mining (EDV) 2,262.00p -1.91%

Share this article

Related Sharecast Articles

FTSE 100 movers: Fresnillo shines as gold prices rise; Weir falls
(Sharecast News) - London's FTSE 100 was down 0.1% at 9,691.59 in afternoon trade on Friday.
FTSE 250 movers: Ceres slumps on Grizzly report; Zigup goes ex-div
(Sharecast News) - FTSE 250 (MCX) 21,780.72 -0.23%
FTSE 100 movers: Sainsbury's boosted by upgrades; AB Foods goes ex-div
(Sharecast News) - London's FTSE 100 was 0.3% higher at 9,685.72 in afternoon trade on Thursday.
FTSE 100 movers: Pearson boosted by JPM note; BAE Systems falls
(Sharecast News) - London's FTSE 100 was up 0.2% at 9,665.21 in afternoon trade on Wednesday.

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.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.