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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 soars; Cyclicals struggle

(Sharecast News) - FTSE 250 (MCX) 19,235.59 -0.07% London-listed stocks pushed higher by Tuesday lunchtime, though gains were limited with no major economic data or corporate news to steer sentiment following another heavy sell-off on Wall Street the previous session.

The FTSE 250 edged ahead by 0.07% at 19,235 points. Markets across Europe were mostly closed on Friday and Monday for Easter celebrations, though trading in New York resumed, resulting in another bruising session for US dollar assets at the start of the week.

This was in part linked to continued gloomy headlines around trade, such as Washington's plans to hit Chinese ships with port fees, along with president Donald Trump's relentless criticism of Federal Reserve chair Jerome Powell.

Wizz Air topped the leaders, up 7.19%, with THG up more than 4% at the close.

Ithaca Energy fell on a weaker oil price. While cyclical stocks Senior and Discoverie fell on market jitters over US tariff policies.

Market Movers

FTSE 250 - Risers

Wizz Air Holdings (WIZZ) 1,565.00p 7.19% THG (THG) 28.98p 4.02% Foresight Group Holdings Limited NPV (FSG) 352.00p 3.23% Lion Finance Group (BGEO) 5,545.00p 3.07% ITV (ITV) 77.70p 2.91% Burberry Group (BRBY) 673.20p 2.90% Watches of Switzerland Group (WOSG) 360.80p 2.79% IP Group (IPO) 41.50p 2.72% Ashmore Group (ASHM) 132.30p 2.64% Workspace Group (WKP) 438.50p 2.45%

FTSE 250 - Fallers

Discoverie Group (DSCV) 517.00p -7.68% Senior (SNR) 118.40p -6.18% Auction Technology Group (ATG) 566.00p -5.82% Mobico Group (MCG) 57.95p -4.53% WH Smith (SMWH) 890.50p -4.35% Indivior (INDV) 659.50p -4.21% JTC (JTC) 808.00p -4.15% Ithaca Energy (ITH) 134.80p -3.99% Oxford Instruments (OXIG) 1,662.00p -3.82% Bodycote (BOY) 461.20p -3.68%

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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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