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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: Ferrexpo shines, Tate & Lyle slips

(Sharecast News) - The FTSE 250 was up 1.32% at 19,441.76 at 1450 BST. Miners were the standout gainers as metals prices rose, with Ferrexpo up 12.6%.

Residential property business Grainger rose as it said rents had grown 4.5% year-to-date on a like-for-like basis amid "strong" rental market conditions in the second half of the trading year.

On the downside, government contractor Serco fell as it said chief executive Rupert Soames would retire in September 2023 and step down at the end of December 2022. He will be succeeded by Mark Irwin, who is currently the CEO of Serco's UK & Europe Division.

Tate & Lyle was knocked lower by a downgrade to 'hold' at Jefferies.

FTSE 250 - Risers

Ferrexpo (FXPO) 175.80p 12.62% NCC Group (NCC) 238.50p 8.66% ASOS (ASC) 723.00p 7.35% Bridgepoint Group (Reg S) (BPT) 277.80p 7.26% Wood Group (John) (WG.) 141.80p 6.98% Marks & Spencer Group (MKS) 125.50p 6.67% Jupiter Fund Management (JUP) 108.80p 4.82% Darktrace (DARK) 397.20p 4.75% HGCapital Trust (HGT) 385.50p 4.61% Future (FUTR) 1,722.00p 4.49%

FTSE 250 - Fallers

Aston Martin Lagonda Global Holdings (AML) 160.30p -10.43% Serco Group (SRP) 168.30p -6.60% Tate & Lyle (TATE) 723.40p -4.97% BH Macro Ltd. GBP Shares (BHMG) 4,680.00p -3.90% Telecom Plus (TEP) 1,750.00p -2.34% Apax Global Alpha Limited (APAX) 166.60p -1.42% NB Private Equity Partners Ltd. (NBPE) 1,610.00p -1.23% Games Workshop Group (GAW) 7,415.00p -1.13% Abrdn Private Equity Opportunities Trust (APEO) 428.00p -0.93% Chrysalis Investments Limited NPV (CHRY) 71.90p -0.83%

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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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