(Sharecast News) – London’s FTSE 250 was up 1.1% at 17,958.66 in afternoon trade on Friday.
Wizz Air flew to the top of the index. One trader said the shares “were looking well oversold”. The budget airline is due to report first-half results next Thursday.
UBS said it forecast Q224 revenues of €1.88bn, versus consensus expectations of €1.85bn and net income of €508m versus consensus of around €509m. “Focus will be on winter and 2024 roll out of capacity given issues around the GTF engine,” it said.
Aston Martin Lagonda was among the gainers, having tumbled earlier in the week after posting a wider-than-expected third-quarter loss and downgrading its volume outlook for the year due to production issues with the DB12 model.
Consumer electronics retailer Currys rallied after agreeing to sell its entire Greek and Cypriot division for €200m (£175m), as it looks to simplify its business model and free up cash.
The company is selling Dixons South East Europe, trading as Kotsovolos, to Public Power Corporation.
FTSE 250 – Risers
Wizz Air Holdings (WIZZ) 1,868.50p 13.14%
FDM Group (Holdings) (FDM) 467.00p 8.10%
Ceres Power Holdings (CWR) 233.40p 6.19%
Aston Martin Lagonda Global Holdings (AML) 213.80p 5.32%
OSB Group (OSB) 352.60p 5.32%
Liontrust Asset Management (LIO) 584.50p 5.32%
Currys (CURY) 48.20p 4.83%
Ashmore Group (ASHM) 175.90p 4.64%
PureTech Health (PRTC) 162.60p 4.36%
Persimmon (PSN) 1,118.50p 4.34%
FTSE 250 – Fallers
CAB Payments Holdings (CABP) 66.65p -6.52%
W.A.G Payment Solutions (WPS) 87.40p -3.96%
Energean (ENOG) 866.50p -2.91%
Genus (GNS) 2,266.00p -2.83%
Darktrace (DARK) 345.50p -2.62%
Elementis (ELM) 123.60p -1.90%
Helios Towers (HTWS) 64.55p -1.90%
International Distributions Services (IDS) 256.40p -1.84%
Diversified Energy Company (DEC) 70.75p -1.80%
Harbour Energy (HBR) 247.50p -1.79%
