London’s FTSE 250 was down 2.5% at 22,128.22 in afternoon trade on Tuesday.
Gambling software company Playtech and Dr Martens were the worst performers.
On the upside, Helios Towers was a high riser after the telecommunications infrastructure group said it had agreed to buy 2,890 sites from Oman-based mobile network operator Omantel for $575m.
The company said it made the move as part of an effort to establish its presence in “one of the fastest-growing markets” in the Middle-East, with the assets expected to deliver revenues of $59.0m and adjusted underlying earnings of $40.0m in the first full year of operations.
UK supermarket Morrisons gained as it reported a rise in first-quarter sales and reiterated guidance for higher full-year profits and reduced debt as the economy rebounded from the Covid-19 pandemic.
Irish convenience food group Greencore was also in the black after both Barclays and HSBC upped their price targets on the shares.
FTSE 250 – Risers
Greencore Group (CDI) (GNC) 167.00p 3.09%
John Laing Group (JLG) 366.80p 1.21%
Premier Foods (PFD) 99.10p 1.12%
FirstGroup (FGP) 74.25p 1.09%
FDM Group (Holdings) (FDM) 1,004.00p 0.90%
Airtel Africa (AAF) 78.45p 0.58%
Helios Towers (HTWS) 170.80p 0.47%
Morrison (Wm) Supermarkets (MRW) 183.70p 0.36%
Signature Aviation (SIG) 395.80p 0.08%
Aggreko (AGK) 861.50p 0.06%
FTSE 250 – Fallers
Playtech (PTEC) 444.20p -6.68%
Dr. Martens (DOCS) 452.00p -5.91%
Network International Holdings (NETW) 383.80p -5.84%
WH Smith (SMWH) 1,762.50p -5.75%
Watches of Switzerland Group (WOSG) 678.00p -5.70%
Mitchells & Butlers (MAB) 314.20p -5.42%
Allianz Technology Trust (ATT) 250.00p -5.30%
Syncona Limited NPV (SYNC) 207.00p -5.05%
Baillie Gifford US Growth Trust (USA) 273.00p -4.88%
Edinburgh Worldwide Inv Trust (EWI) 300.50p -4.75%
