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FTSE 250 movers: IP Group in the red; PageGroup gains after update

London’s FTSE 250 was down 1.3% at 22,441.52 in afternoon trade on Wednesday.
Trustpilot was under the cosh as chief people officer Donna Murray sold 107,172 shares in the online review company.

IP Group lost ground after saying that chief executive Alan Aubrey and chief investment officer Mike Townend are retiring and stepping down from the board with immediate effect following the successful flotation of the its largest holding, Oxford Nanopore Technologies.

Going the other way, recruiter PageGroup was the standout gainer after it lifted its guidance for full-year operating profit as it reported a jump in third-quarter gross profit.

The company said it now expects full-year operating profit of around £155m, up from a previous range of between £125m and £135m.

It said third-quarter gross profit rose 65.4% from the same period a year ago to £228.1m, and was up 12.9% versus 2019.

Peer Hays also racked up strong gains.

FTSE 250 – Risers

Pagegroup (PAGE) 658.50p 7.51%
Hays (HAS) 160.20p 2.96%
Endeavour Mining (EDV) 1,670.00p 2.45%
Biffa (BIFF) 355.00p 1.28%
Clarkson (CKN) 3,835.00p 1.19%
Vivo Energy (VVO) 103.60p 1.17%
BH Macro Ltd. GBP Shares (BHMG) 3,570.00p 1.13%
Bridgepoint Group (Reg S) (BPT) 504.00p 1.10%
Centamin (DI) (CEY) 92.90p 0.87%
Hill & Smith Holdings (HILS) 1,712.00p 0.71%

FTSE 250 – Fallers

Trustpilot Group (TRST) 353.60p -7.29%
Wetherspoon (J.D.) (JDW) 963.50p -6.64%
Draper Esprit (GROW) 939.00p -6.10%
Aston Martin Lagonda Global Holdings (AML) 1,646.00p -5.97%
Elementis (ELM) 131.00p -5.82%
SSP Group (SSPG) 258.80p -5.62%
easyJet (EZJ) 654.60p -5.60%
IP Group (IPO) 128.40p -5.59%
Cineworld Group (CINE) 71.50p -5.57%
Restaurant Group (RTN) 99.70p -5.41%

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