London’s FTSE 250 was up 0.1% at 22,925.70 in afternoon trade on Tuesday.
Paragon Banking surged to the top of the index after the buy-to-let specialist lender posted higher interim profits and announced a £40m share buyback as the housing market recovered from the Covid pandemic.
Watches of Switzerland gained ground after saying it expects to report its full-year results on 8 July and that this will be followed by a separate presentation and conference call on its long-term strategic update.
Dechra Pharmaceuticals rallied after it said full-year revenue was set to be ahead of consensus expectations, as it continues to benefit from strong market fundamentals and lower costs.
On the downside, precious metals miner Hochschild lost its shine as gold prices fell, while Oxford Instruments dropped after results.
FTSE 250 – Risers
Paragon Banking Group (PAG) 568.50p 11.04%
Watches of Switzerland Group (WOSG) 842.00p 4.21%
Just Eat Takeaway.Com N.V. (CDI) (JET) 6,640.00p 3.96%
Dechra Pharmaceuticals (DPH) 4,302.00p 3.51%
Edinburgh Worldwide Inv Trust (EWI) 338.00p 2.11%
Marks & Spencer Group (MKS) 164.00p 1.93%
PZ Cussons (PZC) 249.50p 1.84%
Brewin Dolphin Holdings (BRW) 368.50p 1.80%
OSB Group (OSB) 476.80p 1.79%
Wizz Air Holdings (WIZZ) 4,651.00p 1.77%
FTSE 250 – Fallers
Hochschild Mining (HOC) 181.90p -4.51%
Trainline (TRN) 262.20p -3.89%
Just Group (JUST) 99.30p -3.50%
Tullow Oil (TLW) 57.20p -3.05%
Oxford Instruments (OXIG) 2,085.00p -2.80%
Chemring Group (CHG) 299.00p -2.45%
IWG (IWG) 321.30p -2.31%
Babcock International Group (BAB) 301.10p -2.30%
Centrica (CNA) 52.20p -2.28%
Investec (INVP) 302.30p -2.26%
