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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: Watches of Switzerland slumps; Polymetal surges

(Sharecast News) - London's FTSE 250 was down 0.4% at 20,914.76 in afternoon trade on Thursday. Watches of Switzerland was on the back foot, having gained a day earlier on the back of an initiation at 'buy' at Societe Generale.

Anglo-Russian precious metals miner Polymetal surged to the top of the index.

Private equity firm Bridgepoint rallied after it reported a rise in full-year profits in its first results as a listed company, underpinned by a string rise in assets under management.

Energean was also a high riser after saying it would pay its first dividend in 2022 as the gas explorer swung to an operating profit boosted by higher production and prices. Operating profit for the year to the end of December was $32.1m compared with a loss of $124.6m a year earlier as revenue jumped to $497m from $28m. The pre-tax loss narrowed to $90.7m from $113.6m.

FTSE 250 - Risers

Polymetal International (POLY) 173.70p 26.33% Bridgepoint Group (Reg S) (BPT) 330.50p 14.16% Homeserve (HSV) 776.50p 10.38% Energean (ENOG) 1,198.00p 5.83% Harbour Energy (HBR) 499.60p 5.31% Ferrexpo (FXPO) 168.30p 4.73% CMC Markets (CMCX) 271.50p 4.62% Coats Group (COA) 80.50p 4.55% Convatec Group (CTEC) 217.70p 4.11% Centamin (DI) (CEY) 90.72p 3.92%

FTSE 250 - Fallers

Weir Group (WEIR) 1,777.00p -5.90% Watches of Switzerland Group (WOSG) 1,116.00p -4.62% Softcat (SCT) 1,692.00p -4.19% CLS Holdings (CLI) 199.00p -4.10% Trustpilot Group (TRST) 137.10p -4.06% SDCL Energy Efficiency Income Trust (SEIT) 116.50p -3.72% Liontrust Asset Management (LIO) 1,230.00p -3.61% Syncona Limited NPV (SYNC) 166.20p -3.48% Crest Nicholson Holdings (CRST) 281.80p -3.43% JTC (JTC) 825.00p -3.40%

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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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