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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: Burberry still in fashion; Premier Foods off the menu

(Sharecast News) - FTSE 250 (MCX) 20,490.52 -0.16%

Burberry Group continued to rally on Friday, a day after announcing a sweeping turnaround plan to save £40m and arrest its sales slump.

Landscaping materials group Marshalls led the risers, while sector peer Grafton was also higher.

Mr Kipling owner Premier Foods, which reported higher interim sales on Thursday, fell by 4%.

Syncona shares were down as pharma and related companies took a hit after US President-elect Donald Trump appointed Robert Kennedy Jr as his head of health.

Kennedy - nephew of the slain US President John F Kennedy - has made headlines for making misleading statements about vaccines.

FTSE 250 - Risers

Marshalls (MSLH) 333.50p 3.25% Ithaca Energy (ITH) 101.00p 2.96% Inchcape (INCH) 787.50p 2.87% Hochschild Mining (HOC) 205.50p 2.75% Burberry Group (BRBY) 889.00p 2.42% Victrex plc (VCT) 864.00p 2.01% Close Brothers Group (CBG) 214.80p 1.90% Pennon Group (PNN) 563.00p 1.72% Grafton Group Ut (CDI) (GFTU) 970.80p 1.65% Morgan Advanced Materials (MGAM) 256.00p 1.59%

FTSE 250 - Fallers

Premier Foods (PFD) 181.20p -4.13% Discoverie Group (DSCV) 653.00p -3.83% Bytes Technology Group (BYIT) 449.60p -3.15% Genus (GNS) 1,744.00p -3.11% Softcat (SCT) 1,608.00p -2.90% Syncona Limited NPV (SYNC) 109.00p -2.33% Raspberry PI Holdings (RPI) 334.70p -2.31% Aston Martin Lagonda Global Holdings (AML) 112.60p -2.26% Worldwide Healthcare Trust (WWH) 336.00p -2.18% Breedon Group (BREE) 443.00p -1.99%

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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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