FTSE 250 movers: C&C fizzes lower; Essentra pushes higher
London’s FTSE 250 was down 0.3% at 23,357.71 in afternoon trade on Friday.
Bulmers and Magners owner C&C fizzed lower after it said trading conditions in December for its on-trade business were "significantly impacted" by renewed government restrictions across the UK and Ireland.
Going the other way, Essentra was the standout gainer after saying it expects to meet market expectations for FY2021 operating profit.
Luxury car maker Aston Martin rallied after it said sales to dealers surged 82% in 2021 on the back of sales of its DBX sports utility model.
Shipping broker Clarksons gained after it lifted annual profit guidance for the second time in a month following stronger-than-anticipated trading in December.
Centamin shone after rating upgrades at Liberum and Berenberg. Liberum upped the shares to ‘buy’ from ‘sell’ saying that if all goes as hoped, the company’s flagship Sukari gold mine will be reliably averaging around 500koz of gold per annum over 2022-2033.
Berenberg lifted the stock to ‘buy’ from ‘hold’.
FTSE 250 - Risers
Essentra (ESNT) 354.50p 3.96%
Aston Martin Lagonda Global Holdings (AML) 1,423.50p 3.87%
Centamin (DI) (CEY) 90.00p 3.66%
Clarkson (CKN) 3,945.00p 3.27%
Marks & Spencer Group (MKS) 258.30p 2.95%
PureTech Health (PRTC) 294.50p 2.61%
Hiscox Limited (DI) (HSX) 922.60p 1.81%
Drax Group (DRX) 603.50p 1.77%
Coats Group (COA) 70.80p 1.72%
Fidelity China Special Situations (FCSS) 309.50p 1.64%
FTSE 250 - Fallers
Ninety One (N91) 260.40p -4.89%
C&C Group (CDI) (CCR) 229.20p -3.30%
Bridgepoint Group (Reg S) (BPT) 419.50p -3.01%
Baillie Gifford Shin Nippon (BGS) 203.50p -2.86%
Kainos Group (KNOS) 1,707.00p -2.83%
Chrysalis Investments Limited NPV (CHRY) 228.00p -2.56%
Spire Healthcare Group (SPI) 248.00p -2.55%
Contour Global (GLO) 186.00p -2.11%
NCC Group (NCC) 224.50p -1.97%
JPMorgan Japanese Inv Trust (JFJ) 624.00p -1.89%