FTSE 250 movers: Homebuilders unloved, Micro Focus and Games Workshop wanted
Homebuilders' shares paced losses on the second-tier index at the start of the week as investors waited with baited breath on the results of talks between the Prime Minister and European Commission chief, Ursula Von der Leyen, scheduled for later in the day.
Earlier, one UK official had reportedly said that absent progress being made then the UK might call of talks.
Against that backdrop, stock in Vistry Group, Balfour Beatty, Travis Perkins, Beazley Group and Grafton Group were all at the bottom of the pile.
Going the other way, shares of software company Micro Focus surged after Goldman Sachs lifted its recommendation on the stock to ‘buy' and hiked the price target.
Games Workshop rallied after it declared a dividend of 60p a share and as the miniature wargames maker upgraded its first-half profit forecast for the third time in three months.
Market Movers
FTSE 250 (MCX) 19,929.73 -1.25%
FTSE 250 - Risers
Micro Focus International (MCRO) 490.30p 13.86%
Petrofac Ltd. (PFC) 177.55p 4.63%
Contour Global (GLO) 204.00p 2.60%
Aston Martin Lagonda Global Holdings (AML) 80.10p 2.13%
Baillie Gifford US Growth Trust (USA) 295.00p 1.72%
Allianz Technology Trust (ATT) 2,880.00p 1.58%
Templeton Emerging Markets Inv Trust (TEM) 947.00p 1.50%
Indivior (INDV) 103.50p 1.47%
Law Debenture Corp. (LWDB) 655.00p 1.39%
Cairn Energy (CNE) 175.60p 1.39%
FTSE 250 - Fallers
Polypipe Group (PLP) 497.50p -5.83%
Morgan Sindall Group (MGNS) 1,400.00p -5.23%
Vistry Group (VTY) 867.00p -5.19%
St. Modwen Properties (SMP) 374.50p -5.19%
Balfour Beatty (BBY) 265.00p -4.88%
Travis Perkins (TPK) 1,300.00p -4.87%
Beazley (BEZ) 355.20p -4.77%
Grafton Group Ut (GFTU) 846.50p -4.69%
Hays (HAS) 136.70p -4.54%
Hilton Food Group (HFG) 1,072.00p -4.48%