London’s FTSE 250 was up 0.2% at 22,568.80 in afternoon trade on Tuesday.
IG Group was a top riser after Barclays said the stock’s derating was “harsh” and reinstated coverage of the spread betting and derivatives platform at ‘overweight’.
IWG was also in the black but well off earlier highs after US private equity firm CC Capital said it was not planning to make a bid for the workspace provider. CC was responding to a Sky News report that IWG had held talks with the PE firm in the last month about a possible £4bn takeover.
Travel company Tui, budget airlines Wizz Air and easyJet, and WH Smith were all weaker amid concerns about Covid-related restrictions due to the Delta variant.
Elsewhere, Hochschild Mining lost its shine as gold prices fell.
FTSE 250 – Risers
Liontrust Asset Management (LIO) 1,846.00p 5.49%
Just Eat Takeaway.Com N.V. (CDI) (JET) 6,871.00p 3.82%
Serco Group (SRP) 137.20p 3.55%
Jupiter Fund Management (JUP) 281.40p 3.23%
Micro Focus International (MCRO) 545.60p 2.90%
Elementis (ELM) 152.50p 2.90%
IG Group Holdings (IGG) 855.50p 2.46%
IWG (IWG) 307.50p 2.43%
Renishaw (RSW) 5,135.00p 2.39%
Aston Martin Lagonda Global Holdings (AML) 1,905.00p 2.31%
FTSE 250 – Fallers
TUI AG Reg Shs (DI) (TUI) 365.90p -4.74%
Hochschild Mining (HOC) 153.10p -3.65%
Pagegroup (PAGE) 572.00p -3.46%
Wizz Air Holdings (WIZZ) 4,608.00p -2.89%
Playtech (PTEC) 429.20p -2.81%
WH Smith (SMWH) 1,625.00p -2.58%
easyJet (EZJ) 881.80p -1.98%
Cairn Energy (CNE) 150.00p -1.96%
Energean (ENOG) 732.50p -1.94%
Lancashire Holdings Limited (LRE) 622.00p -1.74%
