FTSE 250 movers: Travel shares take a hit; gold miners gain

London’s FTSE 250 was down 2.1% at 21,579.48 in afternoon trade on Monday, with markets rattled by growing tensions between Russia and Ukraine.
Travel shares were under the cosh, with Wizz Air and Carnival both in the red.

Going the other way, gold miners Endeavour Mining, Centamin and Hochschild all rose as gold prices rallied.

CMC Markets analyst Michael Hewson said: “As you would expect with the heightened geopolitical risk, gold prices have hit their highest levels since last November, in a move that could well see it move higher unless tensions start to show signs of easing. In the short term that doesn’t seem likely given the number of Russian troops currently in place.

“While Russia has continued to push back on claims it is getting ready for an incursion their actions appear to run counter to that, and that is likely to be broadly supportive in the short to medium term.”

FTSE 250 – Risers

Syncona Limited NPV (SYNC) 198.60p 5.98%
Plus500 Ltd (DI) (PLUS) 1,533.50p 2.03%
Endeavour Mining (EDV) 1,785.00p 2.00%
Centamin (DI) (CEY) 93.02p 1.93%
Hochschild Mining (HOC) 102.90p 1.78%
Petropavlovsk (POG) 15.23p 1.53%
Vivo Energy (VVO) 133.00p 0.61%
Beazley (BEZ) 486.60p 0.54%
BH Macro Ltd. GBP Shares (BHMG) 3,790.00p 0.53%
The Renewables Infrastructure Group Limited (TRIG) 128.00p 0.31%

FTSE 250 – Fallers

Darktrace (DARK) 372.20p -8.37%
Wizz Air Holdings (WIZZ) 4,301.00p -6.88%
Synthomer (SYNT) 314.80p -6.81%
Trustpilot Group (TRST) 146.70p -5.96%
Liontrust Asset Management (LIO) 1,494.00p -5.32%
Petershill Partners (PHLL) 206.50p -5.28%
FDM Group (Holdings) (FDM) 949.00p -5.10%
OSB Group (OSB) 547.50p -4.87%
Carnival (CCL) 1,507.00p -4.80%
Micro Focus International (MCRO) 432.50p -4.76%

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