Yamana Stock- FTSE 250 movers: Babcock higher on investor relief, XP Power rallies after update
Company-specific news was the main driver behind share price gains on London’s second-tier index on Tuesday, even if the FTSE 250 was benefitting from the risk-on mood in financial markets more generally.
Babcock topped the leaderboard, with stock in the defence engineer putting in a big bounce after management told investors their aim was to avoid the need to raise capital.
Shares in power control manufacturer XP Power were right behind, telling shareholders in a trading update that business had gotten off to a good start in 2021, with order intake 7% higher at constant currencies.
Recruitment outfit Hays was another top gainer on the back of its announcement that its full-year operating profit was set to beat market expectations as temporary and permanent activity had improved in all regions.
FTSE 250 (MCX) 22,268.46 0.52%
FTSE 250 – Risers
Babcock International Group ((BA)B) 319.40p 31.98%
NCC Group (NCC) 288.00p 7.16%
Just Eat Takeaway.Com N.V. (CDI) (JET) 7,845.00p 6.81%
XP Power Ltd. (DI) (XPP) 5,090.00p 6.47%
AO World (AO.) 324.20p 4.31%
Games Workshop Group (GAW) 10,470.00p 3.85%
Hays (HAS) 165.40p 3.57%
National Express Group (NEX) 314.60p 3.20%
Restaurant Group (RTN) 122.80p 3.18%
Liontrust Asset Management (LIO) 1,544.00p 2.64%
FTSE 250 – Fallers
Jupiter Fund Management (JUP) 287.00p -3.17%
CMC Markets (CMCX) 513.00p -3.03%
SSP Group (SSPG) 312.40p -2.96%
RHI Magnesita N.V. (DI) (RHIM) 4,502.00p -2.90%
C&C Group (CDI) (CCR) 290.80p -2.81%
PureTech Health (PRTC) 404.50p -2.77%
ICG Enterprise Trust (ICGT) 1,032.00p -2.46%
Essentra (ESNT) 290.00p -2.36%
Watches of Switzerland Group (WOSG) 711.00p -2.34%
Beazley (BEZ) 337.00p -2.21%