FTSE 250 movers: Currys surges, gas price fall hits energy stocks
FTSE 250: 19,161.49, up 1.59% at close.
Stocks in London were holding on to early gains in the first trading session of the year, helped by a drop in sterling and amid optimism around the reopening of the Chinese economy. The improved mood lifted housebuilders and UK retail stocks such as electricals retailer Currys and fast fashion outfit ASOS.
Energy stocks were lower as wholesale gas prices to levels not witnessed since Russia started its unprovoked invasion of Ukraine. Capricorn Energy, Drax Group, Harbour Energy and Energean were all down.
FTSE 250 - Risers
Currys (CURY) 57.65p 7.56%
IP Group (IPO) 59.70p 7.09%
Hochschild Mining (HOC) 74.60p 6.19%
Vietnam Enterprise Investments (DI) (VEIL) 616.00p 5.66%
Sirius Real Estate Ltd. (SRE) 78.10p 5.54%
Molten Ventures (GROW) 373.80p 5.53%
ASOS (ASC) 538.00p 5.39%
Tritax Eurobox (GBP) (EBOX) 64.70p 5.37%
Playtech (PTEC) 535.50p 5.21%
OSB Group (OSB) 503.00p 4.84%
FTSE 250 - Fallers
Capricorn Energy (CNE) 252.40p -3.59%
Drax Group (DRX) 680.00p -3.27%
Clarkson (CKN) 3,145.00p -2.78%
Petershill Partners (PHLL) 164.40p -2.72%
Harbour Energy (HBR) 297.60p -2.23%
Diversified Energy Company (DEC) 114.60p -1.55%
Energean (ENOG) 1,289.00p -1.53%
Hilton Food Group (HFG) 549.00p -1.44%
Abrdn Private Equity Opportunities Trust (APEO) 447.00p -1.11%
Tullow Oil (TLW) 36.62p -0.81%