FTSE 250 movers: PureTech Health surges; housebuilders hit by downgrades

London’s FTSE 250 was up 0.3% at 17,626.07 in afternoon trade on Tuesday.

PureTech Health was the top performer after it said that founded entity Akili had received a CE mark - which indicates conformity with health, safety, and environmental protection standards for products sold within the European Economic Area - for its treatment for attention deficit hyperactivity disorder.

Cineworld was a high riser after Prime Minister Boris Johnson said cinemas can reopen from 4 July as lockdown measures in England are eased.

On the downside, bookmaker William Hill was under the cosh after the state of California pulled a bill that would have legalised sports betting in person and online.

The bill would have allowed sports betting in California’s tribal casinos and racetracks, but not in card rooms, which offer poker and other games. California Senator Bill Dodd, a sponsor of the legislation, said he was pulling the bill due to opposition from tribal casino operators.

Elsewhere, housebuilders Vistry, Bellway and Redrow were all weaker after a downgrade to ‘underperform’ at Bank of America Merrill Lynch.

FTSE 250 - Risers

PureTech Health (PRTC) 289.50p 7.22%
Wood Group (John) (WG.) 222.40p 6.72%
Kaz Minerals (KAZ) 472.50p 5.89%
Cineworld Group (CINE) 80.16p 4.95%
Bodycote (BOY) 623.00p 4.88%
OneSavings Bank (OSB) 268.40p 4.76%
Carnival (CCL) 1,171.50p 4.69%
RHI Magnesita N.V. (DI) (RHIM) 2,646.00p 4.58%
Centrica (CNA) 43.20p 4.25%
Syncona Limited NPV (SYNC) 232.00p 4.04%

FTSE 250 - Fallers

William Hill (WMH) 133.10p -3.48%
St. Modwen Properties (SMP) 353.50p -3.42%
Vistry Group (VTY) 760.50p -2.87%
Victrex plc (VCT) 2,008.00p -2.71%
Bellway (BWY) 2,627.00p -2.63%
Aggreko (AGK) 450.00p -2.30%
Oxford Biomedica (OXB) 772.00p -2.28%
Redrow (RDW) 477.80p -2.21%
Euromoney Institutional Investor (ERM) 821.00p -2.15%
Big Yellow Group (BYG) 981.50p -2.05%