London’s FTSE 250 was down 1% at 20,262.17in afternoon trade on Tuesday.
Gold miner Petropavlovsk – which has operations in Russia – fell sharply, while peer Hochschild Mining also declined as gold prices eased back.
TP Icap slid as the inter-dealer broker said revenues were rising in the current fiscal year as market volatility increased over the Ukraine war, but reported an 81% drop in 2021 pre-tax profit.
Close Brothers dropped as the wealth manager posted a small rise in interim profits, helped by growth in its merchant banking operation, offset by a fall in trading at its broking division.
On the upside, commercial vehicle rental provider Redde Northgate was sitting pretty at the top of the index after it said full-year profits were set to be “comfortably ahead” of consensus expectations and announced a £30m share buyback.
Budget airlines easyJet and Wizz Air, and cruise operator Carnival were also high risers following recent heavy losses on the back of worries about the Russia-Ukraine conflict.
FTSE 250 – Risers
Redde Northgate (REDD) 407.50p 7.66%
easyJet (EZJ) 533.60p 5.41%
Carnival (CCL) 1,272.00p 3.31%
Trainline (TRN) 201.20p 3.23%
Greencore Group (CDI) (GNC) 123.70p 2.83%
Greggs (GRG) 2,386.00p 2.62%
Wizz Air Holdings (WIZZ) 2,835.00p 2.16%
Centrica (CNA) 78.52p 2.05%
Biffa (BIFF) 329.50p 2.01%
Ferrexpo (FXPO) 150.40p 1.90%
FTSE 250 – Fallers
Petropavlovsk (POG) 2.38p -20.53%
TP Icap Group (TCAP) 112.10p -14.43%
Close Brothers Group (CBG) 1,082.00p -10.43%
TI Fluid Systems (TIFS) 185.60p -8.35%
Beazley (BEZ) 398.20p -8.14%
Hochschild Mining (HOC) 120.30p -7.32%
Virgin Money UK (VMUK) 164.65p -6.98%
Quilter (QLT) 129.45p -6.70%
Currys (CURY) 86.25p -6.66%
Lancashire Holdings Limited (LRE) 377.60p -6.07%
