FTSE 250 movers: Travel stocks rally; Paragon gives back some gains
London’s FTSE 250 was down 0.5% at 22,786.41 in afternoon trade on Wednesday.
Buy-to-let specialist lender Paragon Banking Group was the worst performer on the index, having surged a day earlier on the back of well-received results.
Housebuilders were also under the cosh after a strong performance earlier in the week, with Crest Nicholson and Bellway both weaker. The sector was lifted on Monday by a positive broker note from Liberum and by an upbeat Halifax house price survey.
Travel stocks were on the rise after the European Union approved vaccine passports and the US US Centers for Disease Control and Prevention relaxed travel advice for more than 110 countries and territories. Wizz Air, easyJet, Upper Crust owner SSP and travel company TUI were all higher.
FTSE 250 - Risers
Restaurant Group (RTN) 138.40p 5.01%
Wizz Air Holdings (WIZZ) 4,820.00p 3.48%
easyJet (EZJ) 992.60p 2.65%
Tullow Oil (TLW) 59.78p 2.57%
SSP Group (SSPG) 315.90p 2.53%
TUI AG Reg Shs (DI) (TUI) 426.50p 2.43%
Airtel Africa (AAF) 78.60p 2.01%
Just Eat Takeaway.Com N.V. (CDI) (JET) 6,703.00p 1.88%
Domino's Pizza Group (DOM) 391.40p 1.82%
Hammerson (HMSO) 42.98p 1.70%
FTSE 250 - Fallers
Paragon Banking Group (PAG) 535.50p -5.97%
Crest Nicholson Holdings (CRST) 437.60p -4.20%
Aston Martin Lagonda Global Holdings (AML) 2,080.00p -3.79%
Ferrexpo (FXPO) 446.80p -3.50%
Rank Group (RNK) 182.60p -3.39%
4Imprint Group (FOUR) 2,735.00p -3.36%
Bellway (BWY) 3,493.00p -2.97%
Close Brothers Group (CBG) 1,593.00p -2.87%
Drax Group (DRX) 435.80p -2.81%
Marks & Spencer Group (MKS) 159.75p -2.74%