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FTSE 250 movers: PageGroup in the red; Coats surges
(Sharecast News) - London's FTSE 250 was 0.8% lower in afternoon trade on Thursday at 20,610.97. Recruiter PageGroup was on the back foot despite hailing a record full year following a recovery in permanent recruitment.
Budget airlines Wizz and easyJet both flew lower amid worries about the impact of the Russia-Ukraine war. Steve Clayton, fund manager at HL Select, said: "A military no-fly zone is off the cards, but investors are fretting that consumers will declare one of their own."
Industrial thread maker Coats Group advanced after it said annual operating profit and revenue rose as demand recovered, and struck an upbeat note on the outlook.
Cybersecurity firm Darktrace surged as it raised annual guidance after a strong rise in customer numbers in the first half of its fiscal year.
Chemring rallied as it said results for the current year were set to be "slightly ahead" of consensus analyst expectations of £62.2m adjusted operating profit thanks to recent contract wins.
FTSE 250 - Risers
Coats Group (COA) 69.30p 17.66% Darktrace (DARK) 519.50p 12.93% Petropavlovsk (POG) 2.16p 8.20% Chemring Group (CHG) 347.00p 6.28% Currys (CURY) 93.80p 5.87% Spire Healthcare Group (SPI) 237.50p 4.63% Volution Group (FAN) 494.50p 3.02% Johnson Matthey (JMAT) 1,894.50p 2.68% Templeton Emerging Markets Inv Trust (TEM) 154.60p 2.52% Big Yellow Group (BYG) 1,401.00p 2.34%
FTSE 250 - Fallers
Reach (RCH) 163.80p -7.98% Lancashire Holdings Limited (LRE) 406.80p -7.46% Pagegroup (PAGE) 525.50p -5.57% Wizz Air Holdings (WIZZ) 2,999.00p -5.21% Baltic Classifieds Group (BCG) 127.50p -5.20% Elementis (ELM) 116.10p -5.15% Ashmore Group (ASHM) 235.40p -5.08% easyJet (EZJ) 524.40p -4.93% Oxford Biomedica (OXB) 689.00p -4.83% Direct Line Insurance Group (DLG) 276.10p -4.83%
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