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: Wizz soars; Close Brothers down on RBC downgrade

(Sharecast News) - FTSE 250 (MCX) 19,184.72 0.28%

Shares in Wizz Air surged on Friday as the low-cost airline reinstated routes to the Middle East and reported a 14.2% rise in January passenger numbers but load factor fell due to the conflict in Gaza and an increase in one-way traffic.

The budget carrier on Friday said it carried 4.74 million passengers at a load factor of 82.0%, down 4.4 percentage points.

Load factor measures the percentage of available seating capacity that has been filled with passengers.

"Wizz Air is actively implementing measures to optimize our network and adapt to these dynamic conditions, with the aim of enhancing efficiency and supporting a recovery in load factors going forward," the company said.

It reinstated flights between Aqaba (Jordan) and Abu Dhabi, starting from February 4 and announced it would restart operations into Tel Aviv in Israel, with routes from Budapest, Sofia, Bucharest, Krakow, London and Rome opening from the beginning of March.

Close Bros fell after RBC Capital downgraded the sector to 'perform' from 'outperform'.

Market Movers

FTSE 250 - Risers

Wizz Air Holdings (WIZZ) 2,170.00p 9.37% Trustpilot Group (TRST) 177.70p 4.90% Coats Group (COA) 73.60p 4.10% Jupiter Fund Management (JUP) 81.55p 3.62% Mobico Group (MCG) 88.05p 3.41% Senior (SNR) 160.20p 3.22% Allianz Technology Trust (ATT) 326.00p 2.84% Aston Martin Lagonda Global Holdings (AML) 191.10p 2.80% HarbourVest Global Private Equity Limited A Shs (HVPE) 2,350.00p 2.62% easyJet (EZJ) 572.60p 2.47%

FTSE 250 - Fallers

Watches of Switzerland Group (WOSG) 363.80p -3.40% IntegraFin Holding (IHP) 276.20p -3.16% Close Brothers Group (CBG) 513.50p -2.65% Helios Towers (HTWS) 74.30p -2.43% PureTech Health (PRTC) 189.60p -2.07% Foresight Group Holdings Limited NPV (FSG) 439.00p -2.01% Tullow Oil (TLW) 30.00p -1.83% Fidelity China Special Situations (FCSS) 182.60p -1.83% Harbour Energy (HBR) 267.20p -1.76% Johnson Matthey (JMAT) 1,596.00p -1.57%

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.