FTSE 250 movers: Aston Martin bounces back, Card Factory retreats
London's FTSE 250 was up 0.38% at 19,849.68 in afternoon trade on Thursday, with Aston Martin Lagonda leading the index higher.
The luxury car maker was recovering from heavy losses in the previous session, when analysts expressed concern over the high borrowing costs associated with its $150m bond issue.
TalkTalk also gained ground after dropping on Wednesday, when it was one of several UK telecoms operators to commit to fairer charges following a review by telecoms industry regulator Ofcom.
Going the other way, greeting cards retailer Card Factory was the biggest loser as it gave up some of the gains made earlier in the week after its half-year results.
IG Group, Essentra and Bovis Homes were all lower as their stock went ex-dividend.
SSP Group declined as it warned over airline capacity cuts in 2020, while the travel food outlet retailer also said it is still experiencing headwinds from slower passenger growth in Europe and the grounding of Boeing Max 737s in the US.
Analysts from Canaccord said: "Looking forward, lower LFL sales growth will not be fully offset by contract wins and we would expect consensus to edge down slightly for FY20. Growing international profits are attractive for investors seeking an element of 'Brexit hedge', we believe."
FTSE 250 (MCX) 19,849.68 0.38%
FTSE 250 - Risers
Aston Martin Lagonda Global Holdings (AML) 577.00p 4.76%
Ultra Electronics Holdings (ULE) 2,078.00p 3.69%
PureTech Health (PRTC) 237.00p 3.49%
Pets at Home Group (PETS) 214.60p 3.47%
Man Group (EMG) 173.80p 2.93%
TalkTalk Telecom Group (TALK) 103.73p 2.81%
Pantheon International (PIN) 2,329.00p 2.60%
Intermediate Capital Group (ICP) 1,441.00p 2.56%
AJ Bell (AJB) 411.00p 2.49%
Rank Group (RNK) 182.00p 2.48%
FTSE 250 - Fallers
Card Factory (CARD) 168.70p -5.33%
IG Group Holdings (IGG) 610.80p -4.41%
SSP Group (SSPG) 641.00p -4.04%
TBC Bank Group (TBCG) 1,238.00p -3.73%
Network International Holdings (NETW) 534.00p -2.91%
Trainline (TRN) 410.00p -2.61%
Cairn Energy (CNE) 189.70p -2.12%
Essentra (ESNT) 413.20p -1.90%
Bovis Homes Group (BVS) 1,075.00p -1.74%
IP Group (IPO) 58.00p -1.69%