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: Bakkavor surges; Travis Perkins slips

(Sharecast News) - FTSE 250 (MCX) 19,931.53 1.23%

UK food company Greencore said two bids it made for rival Bakkavor - with the second worth £1.13bn - had been rejected.

Greencore on Friday said it would "continue to evaluate all strategic opportunities, including Bakkavor. There can be no certainty that a firm offer will be made.

Travis Perkins said on Friday that its results for the year to the end of December 2024 will be delayed as its auditor has requested additional time to complete standard audit procedures, sending shares in the builders' merchant tumbling for the second time this week.

Recruiter Hays surged after Exane BNP Paribas lifted the shares to 'outperform' from 'underperform'.

Ashmore was sharply higher on the back of a broker note, as UBS upgraded shares of the emerging markets investment manager to 'buy' from 'neutral', saying it expects improving inflows.

Heat treatment and thermal processing services firm Bodycote tumbled as it delivered a cautious outlook as it presented its full-year results, with end markets remaining mixed after a "challenging" 2024, in which adjusted operating profits grew only 1.1% to £129m.

Burberry was in the red after JPMorgan Cazenove placed the shares on 'negative catalyst watch' into FY25 results on 19 May.

Market Movers

FTSE 250 - Risers

Bakkavor Group (BAKK) 170.00p 12.58% Hays (HAS) 83.70p 10.50% Ashmore Group (ASHM) 162.40p 8.77% Ferrexpo (FXPO) 79.40p 7.88% Ocado Group (OCDO) 245.10p 7.83% Hochschild Mining (HOC) 237.50p 6.50% Great Portland Estates (GPE) 281.00p 5.44% Chemring Group (CHG) 416.00p 5.05% Senior (SNR) 165.20p 4.56% Jupiter Fund Management (JUP) 76.70p 4.35%

FTSE 250 - Fallers

Bodycote (BOY) 589.00p -7.54% Travis Perkins (TPK) 546.50p -4.37% Burberry Group (BRBY) 960.00p -4.00% 4Imprint Group (FOUR) 4,040.00p -2.18% Ithaca Energy (ITH) 130.30p -2.18% Oxford Nanopore Technologies (ONT) 99.75p -2.01% Trainline (TRN) 267.80p -1.69% Raspberry PI Holdings (RPI) 580.75p -1.57% Pennon Group (PNN) 406.40p -1.55% JPMorgan Indian Investment Trust (JII) 926.00p -1.07%

Share this article

Related Sharecast Articles

FTSE 100 movers: Defensives gain, cyclicals tumble as stocks in freefall
(Sharecast News) - London's FTSE 100 was down a whopping 4.4% at 8,105.43 in afternoon trade on Friday, with markets in freefall after China announced retaliatory tariffs on the US.
FTSE 250 movers: Currys surges; Vietnam funds battered
(Sharecast News) - FTSE 250 (MCX) 19,339.18 -1.58%
FTSE 100 movers: Banks in the red; utilities gain
(Sharecast News) - London's FTSE 100 was down 1.3% at 8,494.83 in afternoon trade on Thursday as investors mulled Trump's bombshell tariff announcement.
FTSE 100 movers: Rolls-Royce, GSK pace losses
(Sharecast News) - Rolls-Royce, GSK and Melrose Industries were among the worst performers.

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.