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FTSE 250 movers: Drax up on upbeat outlook; WH Smith out of favour
(Sharecast News) - The FTSE 250 was down 0.10% at 20,472.18 at 1425 BST.
Drax Group shares rose after it said that, after a strong first quarter, it expected 2022 adjusted EBITDA to be around the top end of the current range of analyst expectations.
Stationery and travel outlet chain WH Smith was weaker, despite swinging to a profit for the half-year as air and rail passengers returned after Covid lockdowns.
Tullow Oil gained as Russia's decision to stop gas supplies to Poland and Bulgaria heightened fears around energy supply.
Beazley shares were up as the stock was upgraded by UBS Group to 'buy' from 'sell'.
FTSE 250 - Risers
Drax Group (DRX) 835.00p 5.10% BlackRock World Mining Trust (BRWM) 697.00p 4.81% Beazley (BEZ) 418.20p 4.71% Spirent Communications (SPT) 225.00p 4.46% Ibstock (IBST) 185.00p 3.82% BH Macro Ltd. GBP Shares (BHMG) 4,400.00p 3.53% Tullow Oil (TLW) 54.35p 3.43% Wood Group (John) (WG.) 209.80p 3.35% Currys (CURY) 95.30p 3.08% Fidelity China Special Situations (FCSS) 235.50p 3.06%
FTSE 250 - Fallers
Bytes Technology Group (BYIT) 447.00p -6.29% Baltic Classifieds Group (BCG) 132.20p -6.24% Kainos Group (KNOS) 1,186.00p -5.12% WH Smith (SMWH) 1,437.00p -4.93% Discoverie Group (DSCV) 782.00p -4.63% Softcat (SCT) 1,412.00p -4.47% PureTech Health (PRTC) 178.60p -3.88% Trustpilot Group (TRST) 106.50p -3.71% HGCapital Trust (HGT) 417.50p -3.58% FDM Group (Holdings) (FDM) 1,040.00p -3.53%
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