FTSE 250 movers: Wizz flies higher; IMI down after results

London’s FTSE 250 was up 2.8% at 20,820.28 in afternoon trade on Friday.
Budget airline Wizz was a high riser, having fallen sharply on Thursday amid worries about the impact of the Ukraine crisis and after saying it had halted flights to and from the country.

Travel firm Tui was also clawing back some ground after losses a day earlier.

On the downside, gold miners Hochschild and Centamin lost their shine, having rallied a day earlier on surging gold prices.

IMI was in the red even as the engineer said full-year profits and revenue rose, as it hailed positive market conditions.

In the year to the end of December, pre-tax profit rose 12% to £307m, with revenues up 2% on the prior year at £1.9bn. The company declared a dividend of 23.7p a share, up 5%.

IMI said it benefited from positive market conditions within key business segments including Industrial Automation, Commercial Vehicle and Construction. In addition, new products are playing an increasing role in growth, with its Growth Hub and Sprint Teams well embedded across the company.

FTSE 250 – Risers

Darktrace (DARK) 415.00p 16.25%
Wizz Air Holdings (WIZZ) 3,502.00p 9.78%
Edinburgh Worldwide Inv Trust (EWI) 225.50p 7.89%
Centrica (CNA) 77.66p 7.62%
BB Healthcare Trust (Red) (BBH) 166.00p 7.51%
TUI AG Reg Shs (DI) (TUI) 254.90p 7.33%
Investec (INVP) 421.70p 7.17%
Allianz Technology Trust (ATT) 275.00p 7.00%
Discoverie Group (DSCV) 795.00p 6.71%
Man Group (EMG) 190.55p 6.54%

FTSE 250 – Fallers

Hochschild Mining (HOC) 107.90p -6.74%
Centamin (DI) (CEY) 96.14p -3.76%
Energean (ENOG) 980.00p -2.49%
FDM Group (Holdings) (FDM) 838.00p -1.76%
Homeserve (HSV) 684.00p -1.58%
Capricorn Energy (CNE) 215.20p -0.92%
Vivo Energy (VVO) 133.80p -0.74%
VinaCapital Vietnam Opportunity Fund Ltd. (VOF) 486.50p -0.51%
IMI (IMI) 1,492.00p -0.47%
Ultra Electronics Holdings (ULE) 3,034.00p -0.33%

Related Articles

Sign up to the Wealth DFM Newsletter

Name

Trending Articles

Wealth DFM Talk is our flagship podcast, that fits perfectly into your busy life, bringing the latest insight, analysis, news and interviews to you, wherever you are.

Wealth DFM Talk Podcast – listen to the latest episode

Wealth DFM
Privacy Overview

Our website uses cookies to enhance your experience and to help us understand how you interact with our site. Read our full Cookie Policy for more information.