FTSE 250 movers: Carnival sinks as it says it expects Q4 loss; Synthomer recovers

By Michele Maatouk

London’s FTSE 250 was up 1.9% at 17,106.24 in afternoon trade on Friday.
Synthomer was the top performer on the index, having tanked on Thursday after it warned on profits.

The company, which supplies aqueous polymers, said it now expects full-year earnings before interest, taxes, depreciation and amortisation to be 10% to 15% below its previous guidance. It said macroeconomic conditions had deteriorated further since August, and that post-Covid customer de-stocking was set to last until at least the end of next year.

Housebuilders Bellway and Vistry were on the rise, recovering from recent heavy losses.

On the downside, Carnival tanked after the cruise operator said it was expecting to report a loss for the fourth quarter. Travel company Tui also fell sharply.

FTSE 250 – Risers

Synthomer (SYNT) 105.70p 17.38%
Molten Ventures (GROW) 299.80p 10.14%
Balanced Commercial Property Trust Limited (BCPT) 81.10p 9.89%
Petershill Partners (PHLL) 184.60p 9.49%
UK Commercial Property Reit Limited (UKCM) 60.80p 8.77%
Home Reit (HOME) 91.10p 7.81%
TP Icap Group (TCAP) 193.50p 7.62%
Bellway (BWY) 1,701.50p 7.25%
LondonMetric Property (LMP) 174.80p 7.04%
Vistry Group (VTY) 595.00p 6.82%

FTSE 250 – Fallers

Carnival (CCL) 594.00p -19.60%
TUI AG Reg Shs (DI) (TUI) 110.85p -7.86%
ASOS (ASC) 565.00p -5.04%
Dr. Martens (DOCS) 214.40p -4.71%
Aston Martin Lagonda Global Holdings (AML) 119.95p -4.38%
888 Holdings (DI) (888) 90.90p -3.96%
Just Group (JUST) 54.85p -2.83%
Drax Group (DRX) 592.00p -2.47%
HarbourVest Global Private Equity Limited A Shs (HVPE) 2,115.00p -2.31%
PureTech Health (PRTC) 240.50p -2.24%

Featured News

This Week’s Most Read

Wealth DFM