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Tag Archives: FTSE

FTSE 250 movers: NewRiver drops, Tullow gushes higher

London’s FTSE 250 was lower by 0.38% at 20,733.26 in afternoon trade on Monday, with NewRiver leading the index downward. The real estate investment trust fell after it announced it had completed its acquisition of Sprucefield Retail Park in Lisburn, Northern Ireland, from Intu. Trainline dropped following the news that …

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FTSE 250 movers: Victrex drops, Virgin Money climbs

London’s FTSE 250 was down by 0.32% at 20,956.09 in afternoon trade on Friday, with Victrex leading the index lower. Royal Mail was also weaker following a downgrade to ‘market perform’ at Bernstein, while the stock was also in focus after the Court of Appeal rejected a union appeal against …

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FTSE 250 movers: Virgin Money soars, Future falters

London’s FTSE 250 was higher by 0.26% at 21,008.02 in afternoon trade on Thursday, with shares of Virgin Money UK leading the index higher. The Clydesdale and Yorkshire Bank owner surged even as it said full-year losses had widened and scrapped its dividend. AJ Bell analyst Russ Mould said: “Expectations …

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FTSE 250 movers: Royal Mail tumbles, Direct Line climbs

London’s FTSE 250 was down by 0.83% at 20,304.86 in afternoon trade on Thursday, with Royal Mail dragging the index lower. Shares in the mail carrier tanked after the company said its transformation programme was behind schedule, cut its interim dividend and warned of a “challenging” outlook for the letters …

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FTSE 250 movers: Apax Global falls, Trainline chugs higher

London’s FTSE 250 was 0.19% lower at 20,270.22 in afternoon trade on Tuesday, with Apax Global leading the index downward. Engineering company Weir Group was in the red after analysts at JPMorgan cut their target price for the stock from 1,500.0p to 1,380.0p and reiterated their ‘neutral’ rating following a …

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FTSE 250 movers: IG Group climbs, Dunelm drops

London’s FTSE 250 was 0.15% higher at 20,083.88 in afternoon trade on Thursday, with IG Group leading the index higher. Shares of the online trading platform surged as it reported flat first-quarter revenues, saying that it performed well and backed its expectations for a return to revenue growth in FY20. …

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FTSE 250 movers: Metro Bank chugs higher, Kainos falls

London’s FTSE 250 was down 0.82% at 19,624.51 in afternoon trading on Wednesday, with Metro Bank leading the index higher. Aston Martin Lagonda also racked up solid gains, following other luxury goods stocks higher on investor optimism that a breakthrough in Hong Kong will ensure continued demand from Chinese consumers. …

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FTSE 250 movers: PureTech drops, Royal Mail rises

London’s FTSE 250 was down 0.07% at 19,193.47 in afternoon trade on Thursday, with PureTech Health leading the index lower. John Laing was also under the cosh as it posted a slump in half-year pre-tax profit and reported £66m of writedowns on renewable energy assets in Australia due to industry …

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FTSE 250 movers: Royal Mail dips, pubs fizz higher

London’s FTSE 250 was down 0.14% at 19,071.83 in afternoon trade on Tuesday, with Royal Mail leading the index lower. Shares in the postal service outfit were under the cosh as analysts at JPMorgan Cazenove said there is “potential for material near-term volatility and uncertainty” in the eventual outcome of …

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