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: Gold miners shine

(Sharecast News) - London's FTSE 250 was down 0.2% at 19,739.17 in afternoon trade on Friday. Gold miners Hochschild, Centamin and Endeavour were the top performers on the index as gold prices surged.

Russ Mould, investment director at AJ Bell, said: "Gold prices extended their recent rally as investors took the view that the global market situation warranted owning the precious metal.

"Central banks have been busy stocking up on gold and investors have followed suit, believing that the asset will come in handy if we continue to see a volatile period on the markets as the timing for interest rate cuts is pushed further back."

Diversified Energy was the top riser as Brent crude remained above $90 a barrel amid tensions in the Middle East.

FTSE 250 - Risers

Diversified Energy Company (DEC) 1,167.00p 5.52% Endeavour Mining (EDV) 1,834.00p 4.32% Hochschild Mining (HOC) 148.80p 4.06% BlackRock World Mining Trust (BRWM) 562.00p 3.50% SDCL Energy Efficiency Income Trust (SEIT) 57.50p 3.42% IP Group (IPO) 48.70p 3.07% Drax Group (DRX) 512.00p 2.98% Centamin (DI) (CEY) 131.50p 2.81% Keller Group (KLR) 1,100.00p 2.80% Genus (GNS) 1,842.00p 2.79%

FTSE 250 - Fallers

Supermarket Income Reit (SUPR) 71.90p -3.10% Watches of Switzerland Group (WOSG) 364.00p -2.41% Indivior (INDV) 1,599.00p -2.02% Bluefield Solar Income Fund Limited (BSIF) 97.70p -1.41% Kainos Group (KNOS) 985.00p -1.30% TP Icap Group (TCAP) 211.00p -1.17% FirstGroup (FGP) 172.70p -1.03% Hammerson (HMSO) 26.20p -0.98% IWG (IWG) 183.20p -0.97% Safestore Holdings (SAFE) 753.00p -0.92%

Share this article

Related Sharecast Articles

Director dealings: Assetco director raises stake via Harwood interest
(Sharecast News) - Assetco revealed on Friday that director Christopher Mills had purchased 2.65m ordinary shares in the AIM-listed wealth management firm.
Broker tips: Lloyds Banking Group, Unilever
(Sharecast News) - RBC Capital Markets downgraded Lloyds Banking Group on Friday to 'sector perform' from 'outperform' after the shares hit its 60.0p price target.
US open: Stocks higher as traders digest PCE reading
(Sharecast News) - Wall Street stocks were in the green early on Friday as traders digested the latest personal consumption expenditure reading - the Federal Reserve's preferred inflation gauge.
London close: Stocks finish higher as US inflation slows
(Sharecast News) - London stocks ended the week on a positive note on Friday, with NatWest a standout performer, as investors digested a dip in inflation from across the pond.

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.