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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: Wizz flies higher; Ashmore in the red

(Sharecast News) - London's FTSE 250 was up 0.4% at 21,074.40 in afternoon trade on Thursday. Budget carrier Wizz Air flew to the top of the index after it said it was expecting to ramp up capacity beyond pre-pandemic levels for its summer schedule as it forecast a better-than-expected final quarter. Other travel-related shares also gained, with easyJet, Upper Crust owner SSP and WH Smith all higher.

Discoverie was in the black after it said that trading in the final two months of the year continued to be strong, with the group now expecting to deliver full-year underlying earnings from continuing operations ahead of previous guidance.

On the downside, Ashmore lost ground after it said assets under management fell 10% in the third quarter as investors withdrew funds following Russia's invasion of Ukraine.

FTSE 250 - Risers

Wizz Air Holdings (WIZZ) 3,123.00p 7.99% Capricorn Energy (CNE) 207.80p 5.64% Ferrexpo (FXPO) 195.00p 5.63% SSP Group (SSPG) 241.00p 5.61% Discoverie Group (DSCV) 795.00p 4.61% Dr. Martens (DOCS) 234.00p 4.56% Pagegroup (PAGE) 475.40p 3.39% easyJet (EZJ) 573.60p 3.13% Aston Martin Lagonda Global Holdings (AML) 831.00p 2.97% WH Smith (SMWH) 1,493.50p 2.86%

FTSE 250 - Fallers

Baltic Classifieds Group (BCG) 155.40p -6.61% Vesuvius (VSVS) 327.60p -6.02% Polymetal International (POLY) 255.00p -5.63% Trustpilot Group (TRST) 138.30p -4.95% Ibstock (IBST) 166.00p -3.21% Hochschild Mining (HOC) 143.10p -2.79% Tullow Oil (TLW) 59.65p -1.73% Allianz Technology Trust (ATT) 258.50p -1.71% Ashmore Group (ASHM) 223.40p -1.67% Countryside Partnerships (CSP) 246.20p -1.60%

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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.