FTSE 250 movers: FirstGroup boosted by upgrade; Kainos slumps
Sharecast
Published Jun 19, 2023 15:23
FTSE 250 movers: FirstGroup boosted by upgrade; Kainos slumps
Sharecast - Iron ore pellet exporter Ferrexpo (LON:FXPO) was the standout gainer on the index.
Electricals retailer Currys was also on the front foot, having announced at the end of last week that it was considering putting its Greek business Kotsovolos up for sale.
Transport operator FirstGroup was higher after an upgrade to ‘buy’ at HSBC (LON:HSBA).
On the downside, Kainos (LON:KNOS) slumped after the software firm said that chief executive officer Brendan Mooney will be stepping down after 22 years in the top job and 34 years at the company.
Mooney has agreed to complete his term as CEO by the end of September. Russell Sloan, currently the digital services director of Kainos, will then assume the CEO role and join the board of directors.
Kainos said Mooney will remain actively engaged with the business until June 2024, to ensure an orderly transition.
FTSE 250 - Risers
Ferrexpo (FXPO) 94.15p 7.66%
Currys (CURY) 53.90p 5.38%
Telecom Plus (LON:TEP) 1,586.00p 3.12%
FirstGroup (FGP (LON:FGP)) 139.70p 2.57%
Mitie Group (LON:MTO) 97.30p 2.21%
Carnival (NYSE:CCL) 1,127.50p 2.17%
Bank of Georgia Group (LON:BGEO) 3,040.00p 1.67%
Petershill Partners (PHLL) 162.40p 1.63%
Ithaca Energy (ITH) 154.80p 1.57%
Sirius Real Estate Ltd. (SRE) 88.75p 1.43%
FTSE 250 - Fallers
Molten Ventures (GROW) 270.20p -5.98%
Kainos Group (KNOS) 1,336.00p -5.72%
Me Group International (MEGP) 162.00p -5.26%
Darktrace (LON:DARK) 331.20p -4.64%
Genuit Group (GEN) 307.50p -4.06%
Helios Towers (HTWS) 95.20p -4.03%
Synthomer (LON:SYNTS) (SYNT) 80.50p -3.71%
Empiric Student Property (ESP) 89.00p -3.16%
Moneysupermarket.com Group (LON:MONY) 266.60p -3.05%
Safestore Holdings (SAFE) 895.00p -3.03%
Read more on Sharecast.com
Get The App
Written By: Sharecast
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.