London’s FTSE 250 was down 0.4% at 22,559.57 in afternoon trade on Tuesday.
National Express was among the gainers after it agreed to buy Stagecoach in a deal the combines two of Britain’s biggest public transport operators in the wake of the pandemic.
Stagecoach shareholders will receive 0.36 new National Express shares for each Stagecoach share in a deal valuing Stagecoach at about £468m.
Cruise operator Carnival and WH Smith – which has retail outlets at airports and train stations – were both higher after the UK government confirmed it was scrapping the red list for international travel from Wednesday.
FTSE 250 – Risers
Harbour Energy (HBR) 353.60p 5.05%
CMC Markets (CMCX) 240.00p 4.58%
Trainline (TRN) 267.60p 4.53%
Energean (ENOG) 879.50p 3.78%
Ibstock (IBST) 194.10p 3.52%
Carnival (CCL) 1,268.60p 3.15%
WH Smith (SMWH) 1,376.50p 3.11%
National Express Group (NEX) 242.20p 2.98%
Wood Group (John) (WG.) 186.95p 2.95%
BlackRock World Mining Trust (BRWM) 561.00p 2.94%
FTSE 250 – Fallers
Reach (RCH) 245.50p -7.88%
Oxford Biomedica (OXB) 1,076.00p -7.24%
Dechra Pharmaceuticals (DPH) 4,898.00p -3.11%
Trustpilot Group (TRST) 328.60p -2.49%
Dr. Martens (DOCS) 388.40p -2.46%
PZ Cussons (PZC) 194.20p -2.22%
Serco Group (SRP) 128.40p -2.21%
Sirius Real Estate Ltd. (SRE) 134.40p -2.18%
Future (FUTR) 3,532.00p -2.05%
Capita (CPI) 36.02p -2.01%
