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FTSE 250 movers: Wizz, easyJet soar, energy stocks lower

Wed 04 Jan 2023 15:11

(Sharecast News) - FTSE 250: 19,346.36, up 1.11% at 1514 GMT.

UK stocks extended gains on Wednesday as eurozone PMI data indicated the recession may not be as deep as expected and investors awaited the latest minutes from the Federal Reserve for any hints on the path of interest rates.

Oil edged lower after slumping in the previous session, weighed down by concerns about weak demand due to the state of the global economy and China's rising Covid cases. The news hit Harbour Energy and Energean.

Low-cost airline Ryanair reported a 21% rise in passenger numbers for December as travel rebounded from the Covid pandemic. Rivals Wizz Air and easyJet surged on a read-across of the data with the former reporting a jump in numbers on Tuesday that have clearly pleased investors along with the prospect of lower fuel prices.

FTSE 250 - Risers

Wizz Air Holdings (WIZZ) 2,062.00p 8.64% easyJet (EZJ) 351.20p 6.42% ASOS (ASC) 564.00p 5.92% Sirius Real Estate Ltd. (SRE) 80.50p 4.27% Volution Group (FAN) 391.00p 4.13% Marks & Spencer Group (MKS) 131.85p 4.11% HGCapital Trust (HGT) 366.00p 3.98% W.A.G Payment Solutions (WPS) 79.00p 3.95% HarbourVest Global Private Equity Limited A Shs (HVPE) 2,400.00p 3.90% Tritax Eurobox (GBP) (EBOX) 66.80p 3.89%

FTSE 250 - Fallers

Drax Group (DRX) 625.00p -6.92% Harbour Energy (HBR) 279.00p -4.78% Abrdn Private Equity Opportunities Trust (APEO) 430.00p -4.23% TBC Bank Group (TBCG) 2,200.00p -3.30% Energean (ENOG) 1,240.00p -3.28% Apax Global Alpha Limited (APAX) 181.80p -2.78% Syncona Limited NPV (SYNC) 182.20p -2.57% Diversified Energy Company (DEC) 111.20p -2.54% Aston Martin Lagonda Global Holdings (AML) 151.40p -2.45% Oxford Instruments (OXIG) 2,235.00p -2.19%

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