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: Big Yellow gains after results; Pennon slides

(Sharecast News) - London's FTSE 250 was down 0.6% at 20,747.50 in afternoon trade on Tuesday. Big Yellow rallied after full-year results late on Monday, in which it posted robust revenue growth and increased profitability.

Upper Crust and Ritazza owner SSP was under the cosh as it reinstated its interim dividend but posted a drop in first-half profits.

In the half year to the end of March, pre-tax profit fell to £12.8m from £15.8m in the same period a year earlier, while revenue rose 15% to £1.5bn, with double-digit growth across all regions.

Pennon was weaker after the South West Water owner slashed its dividend by £2.4m following a record fine for illegally dumping sewage into rivers and the sea.

Assura fell even as the specialist healthcare property investor and developer reported a rise in full-year net rental income, along with a strategic £250m joint venture with the Universities Superannuation Scheme (USS).

FTSE 250 - Risers

Big Yellow Group (BYG) 1,230.00p 4.24% PPHE Hotel Group Ltd (PPH) 1,445.00p 2.85% Safestore Holdings (SAFE) 877.50p 2.81% BH Macro Ltd. GBP Shares (BHMG) 359.00p 1.99% Patria Private Equity Trust (PPET) 555.00p 1.83% Pets at Home Group (PETS) 301.40p 1.76% Marshalls (MSLH) 323.00p 1.57% Discoverie Group (DSCV) 748.00p 1.49% Caledonia Investments (CLDN) 3,540.00p 1.43% W.A.G Payment Solutions (WPS) 75.60p 1.34%

FTSE 250 - Fallers

SSP Group (SSPG) 192.30p -7.90% Pennon Group (PNN) 667.50p -6.84% Close Brothers Group (CBG) 489.60p -3.24% Ferrexpo (FXPO) 44.95p -3.02% Oxford Instruments (OXIG) 2,410.00p -2.82% Future (FUTR) 1,004.00p -2.24% 4Imprint Group (FOUR) 6,150.00p -2.23% TUI AG Reg Shs (DI) (TUI) 542.50p -2.16% Assura (AGR) 41.82p -2.11% Wizz Air Holdings (WIZZ) 1,958.00p -2.10%

Share this article

Related Sharecast Articles

London close: Stocks fall on EU inflation, US jobs data
(Sharecast News) - London stocks closed lower on Tuesday as investors digested eurozone inflation data and a modest increase in US job openings.
Europe close: Stocks trim losses across the continent
(Sharecast News) - European markets were in the red on Tuesday after core inflation proved stickier than expected, but stocks rallied into the close with indices finishing well above their intraday lows.
FTSE 250 movers: Real estate stocks up on Tritax Eurobox M&A activity
(Sharecast News) - The FTSE 250 was keeping its head above water on Tuesday despite a wider sell-off across European stock markets with some big names in the real estate and investment sectors were lifted by M&A activity involving Tritax Eurobox.
Broker tips: Bunzl, National Grid, Sainsbury
(Sharecast News) - Analysts at RBC Capital Markets hiked their target price on distribution group Bunzl from 2,600.0p to 2,700.0p on Tuesday following the company's Q2 trading update.

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.