London’s FTSE 250 was up 0.9% at 22,888.10 in afternoon trade on Tuesday.
Tullow Oil, Energean and Cairn Energy all gushed higher as oil prices rallied after OPEC predicted tighter markets.
DIY retailer Wickes – which was recently spun off from Travis Perkins – gained as it reported a surge in year-to-date sales and lifted its full-year profit expectations. The company said it now expects full-year adjusted pre-tax profit to be within the top half of the range of analyst expectations of between £55m and £74m.
Waste management company Biffa advanced after saying it swung to a full-year pre-tax loss but striking an upbeat note on the outlook.
On the downside, pharmaceuticals group Vectura slumped as it traded without entitlement to the dividend.
FTSE 250 – Risers
Tullow Oil (TLW) 57.00p 11.11%
4Imprint Group (FOUR) 3,035.00p 5.57%
Centamin (DI) (CEY) 115.50p 5.29%
Trainline (TRN) 297.80p 4.86%
IWG (IWG) 377.00p 4.72%
Wickes Group (WIX) 268.00p 4.69%
Energean (ENOG) 805.50p 4.54%
Biffa (BIFF) 305.50p 4.44%
Cairn Energy (CNE) 169.80p 4.43%
Ferrexpo (FXPO) 467.40p 4.33%
FTSE 250 – Fallers
Vectura Group (VEC) 139.40p -12.33%
Just Group (JUST) 106.10p -3.55%
Marks & Spencer Group (MKS) 160.40p -3.02%
Aston Martin Lagonda Global Holdings (AML) 2,075.00p -1.47%
Rank Group (RNK) 198.60p -1.44%
Bytes Technology Group (BYIT) 493.00p -1.40%
Cineworld Group (CINE) 91.52p -1.32%
Virgin Money UK (VMUK) 208.50p -1.23%
Softcat (SCT) 1,807.00p -1.20%
Investec (INVP) 306.60p -1.19%
