FTSE 250 movers: Ashmore Group, Trainline pace declines

Emerging markets focused fund manager Ashmore Group was the second worst performer on the second-tier index on Thursday following a very hawkish press conference from US Federal Reserve governor, Jerome Powell, the night before.
Trainline shares were also trading on the back foot despite swinging back into the black over the front half of its fiscal year 2023 as the rail industry recovered.

The operator also backed its full-year guidance.

Helios Towers was moving lower alongside after the company cut its guidance for full-year earnings before interest, taxes and depreciation on the back of higher power prices.

Aston Martin Lagonda was bouncing back sharply, helped by JP Morgan analysts’ decision to mark up their estimates for the carmaker’s earnings per share for the current year and next.

Market Movers

FTSE 250 (MCX) 18,099.53 -0.65%

FTSE 250 – Risers

Aston Martin Lagonda Global Holdings (AML) 101.55p 13.36%
Ferrexpo (FXPO) 103.00p 5.37%
Lancashire Holdings Limited (LRE) 554.50p 5.22%
Bank of Georgia Group (BGEO) 2,365.00p 4.88%
Wizz Air Holdings (WIZZ) 1,802.00p 3.95%
Howden Joinery Group (HWDN) 537.60p 3.66%
Tullow Oil (TLW) 45.70p 3.49%
TBC Bank Group (TBCG) 2,115.00p 2.67%
TUI AG Reg Shs (DI) (TUI) 134.00p 2.60%
BH Macro Ltd. GBP Shares (BHMG) 4,740.00p 2.38%

FTSE 250 – Fallers

Dr. Martens (DOCS) 231.00p -8.26%
Trainline (TRN) 316.10p -7.22%
Ashmore Group (ASHM) 198.60p -6.94%
TI Fluid Systems (TIFS) 123.60p -6.93%
Moonpig Group (MOON) 135.90p -5.56%
International Distributions Services (IDS) 192.45p -5.20%
Bridgepoint Group (Reg S) (BPT) 201.40p -4.82%
Kainos Group (KNOS) 1,256.00p -4.63%
FDM Group (Holdings) (FDM) 621.00p -4.61%
Darktrace (DARK) 342.70p -4.54%

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