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: Ferrexpo tanks; Ithaca rallies

(Sharecast News) - FTSE 250 (MCX) 20,655.02 -0.25%

Ferrexpo shares tanked on Thursday on a report that Ukrainian officials plans to nationalise the company's Poltava mining and processing plant amid allegations of illegal mining and fund misappropriation.

The move is part of ongoing investigations into Ferrexpo and main shareholder, Kostyantyn Zhevago.

Ithaca Energy rallied as it hailed a full-year performance at the top end of management guidance and strong fourth-quarter production.

Opioid addiction treatment maker Indivior tanked as it said it expects full-year revenue to decline 17%.

Wood Group surged after the company said on Thursday that it has been awarded a $120m contract extension by Shell UK to provide brownfield engineering, procurement and construction (EPC) to onshore and offshore assets across the UK.

In a separate release, Wood said chief financial officer Arvind Balan has resigned with immediate effect following an incorrect description of his professional qualifications in various statements in the public domain.

Market Movers

FTSE 250 - Risers

Ithaca Energy (ITH) 147.70p 12.58% Wood Group (John) (WG.) 26.90p 10.88% Raspberry PI Holdings (RPI) 671.50p 3.15% Safestore Holdings (SAFE) 600.00p 2.65% Just Group (JUST) 165.00p 1.85% Endeavour Mining (EDV) 1,770.00p 1.67% Renishaw (RSW) 3,085.00p 1.65% Senior (SNR) 164.40p 1.48% Hochschild Mining (HOC) 191.60p 1.38% Energean (ENOG) 1,043.00p 1.36%

FTSE 250 - Fallers

Ferrexpo (FXPO) 72.60p -26.89% Indivior (INDV) 717.00p -17.40% Diversified Energy Company (DEC) 1,156.00p -5.94% Kainos Group (KNOS) 760.00p -3.92% Bakkavor Group (BAKK) 144.00p -3.68% NCC Group (NCC) 131.20p -3.53% Wizz Air Holdings (WIZZ) 1,500.00p -3.23% QinetiQ Group (QQ.) 391.20p -2.64% Bloomsbury Publishing (BMY) 650.00p -2.11% XPS Pensions Group (XPS) 398.00p -1.97%

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.