London’s FTSE 250 was flat at 20,218.95 in afternoon trade on Thursday.
Online ticket distributor Trainline surged as it said it narrowed annual pre-tax losses as travellers returned to rail travel after the lifting of Covid restrictions.
Morgan Advanced Materials gained after it backed its full-year guidance as it posted a rise in first-quarter revenues. In the first three months of the year, group revenue was up 10.9% on an organic constant-currency basis, compared to the same period last year.
Specialist engineering group IMI rose after it reported a jump in first-quarter revenues amid strong order book growth. In the period from 1 January to the end of March, group revenues rose 9% compared to the same period a year earlier, while margins “also slightly improved”.
Mobile telecoms infrastructure operator Helios Towers was up after it reported strong revenue and earnings growth in its first quarter, and reiterated full-year guidance.
Hiscox was weaker after a first-quarter trading statement, while Virgin Money lost ground after its interim numbers.
Pizza chain Domino’s fell as it reported a rise in first-quarter orders but said sales were hit by a rise in value added tax.
FTSE 250 – Risers
Trainline (TRN) 310.20p 11.62%
Morgan Advanced Materials (MGAM) 295.00p 7.86%
PureTech Health (PRTC) 180.40p 7.25%
LondonMetric Property (LMP) 257.00p 6.37%
IMI (IMI) 1,410.00p 4.52%
Helios Towers (HTWS) 115.00p 4.45%
BlackRock World Mining Trust (BRWM) 722.00p 4.34%
Bellevue Healthcare Trust (Red) (BBH) 172.40p 4.23%
Tullow Oil (TLW) 57.00p 4.11%
Ferrexpo (FXPO) 165.90p 4.08%
FTSE 250 – Fallers
Hiscox Limited (DI) (HSX) 879.80p -8.05%
Virgin Money UK (VMUK) 164.15p -7.52%
Lancashire Holdings Limited (LRE) 400.60p -5.52%
Domino’s Pizza Group (DOM) 317.60p -4.51%
Beazley (BEZ) 410.80p -3.25%
Mitchells & Butlers (MAB) 221.80p -2.80%
Direct Line Insurance Group (DLG) 233.90p -2.34%
TP Icap Group (TCAP) 125.80p -2.18%
Baltic Classifieds Group (BCG) 128.20p -2.14%
Pets at Home Group (PETS) 302.40p -2.07%
