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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: Housebuilders ride the Persimmon wave

(Sharecast News) - FTSE 250: 19,187.78 -0.14%. Housebuilders were in focus after an upbeat earnings outlook from FTSE 100 peer Persimmon, with Crest Nicholson, Redrow, Bellway and Vistry all boosted by the sentiment.

Persimmon posted a slump in first-quarter completions but said it expects full-year 2023 volumes to be towards the top end of guidance following an improvement in sales rates since the start of the year.

FTSE 250 - Risers

Crest Nicholson Holdings (CRST) 268.60p +6.42%

Redrow (RDW) 514.50p +4.62%

Drax Group (DRX) 643.00p +3.84%

Bellway (BWY) 2,398.00p +3.72%

Vistry Group (VTY) 780.00p +3.59%

Centamin (DI) (CEY) 107.60p +3.46%

W.A.G Payment Solutions (WPS) 97.00p +2.75%

Synthomer (SYNT) 120.10p +2.74%

Bank of Georgia Group (BGEO) 2,915.00p +2.64%

Hammerson (HMSO) 27.86p +2.43%

FTSE 250 - Fallers

AJ Bell (AJB) 324.00p -4.37%

IP Group (IPO) 55.20p -3.83%

TUI AG Reg Shs (DI) (TUI) 523.20p -3.54%

RHI Magnesita N.V. (DI) (RHIM) 2,166.00p -3.48%

Watches of Switzerland Group (WOSG) 794.50p -3.11%

Jupiter Fund Management (JUP) 128.80p -3.08%

Syncona Limited NPV (SYNC) 156.40p -2.74%

Bellevue Healthcare Trust (Red) (BBH) 152.20p -2.69%

Spectris (SXS) 3,742.00p -2.58%

FDM Group (Holdings) (FDM) 667.00p -2.49%

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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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