FTSE 250 movers: REITs in the red; Spire gains ground
London’s FTSE 250 was down 2% at 17,957.06 in afternoon trade on Friday.
Online greeting card and gift retailer Moonpig was on the slide again, having tumbled on Tuesday after saying it would go back to focusing on cards.
Real estate investment trusts - which can act as a bond proxy - fell as government bonds sold off after Chancellor Kwasi Kwarteng announced a swathe of tax cuts. Warehouse Reit, Tritax Eurobox, Urban Logistics and Supermarket Income all dropped.
Going the other way, private hospital group Spire Healthcare was the standout performer on the index.
FTSE 250 - Risers
Spire Healthcare Group (SPI) 225.00p 1.81%
Abrdn Private Equity Opportunities Trust (APEO) 412.00p 1.73%
Marshalls (MSLH) 328.40p 1.05%
TP Icap Group (TCAP) 170.40p 0.89%
Pennon Group (PNN) 877.50p 0.80%
VinaCapital Vietnam Opportunity Fund Ltd. (VOF) 497.50p 0.51%
JPMorgan Global Growth & Income (JGGI) 415.00p 0.48%
Fidelity China Special Situations (FCSS) 230.00p 0.44%
PZ Cussons (PZC) 200.00p 0.40%
Hipgnosis Songs Fund Limited NPV (SONG) 100.60p 0.40%
FTSE 250 - Fallers
Moonpig Group (MOON) 162.00p -11.81%
Warehouse Reit (WHR) 124.20p -7.59%
Tritax Eurobox (GBP) (EBOX) 69.00p -6.38%
Petershill Partners (PHLL) 199.40p -6.16%
Tritax Big Box Reit (BBOX) 139.00p -6.08%
Urban Logistics Reit (SHED) 146.00p -5.81%
Supermarket Income Reit (SUPR) 103.00p -5.50%
Tullow Oil (TLW) 44.18p -5.48%
Synthomer (SYNT) 153.80p -5.47%
Playtech (PTEC) 402.60p -5.45%