FTSE 250 Movers: Trip Names Disliked, Jupiter Fund Management Outperforms By A Mile

London’s second tier index suffered strong sales after the Prime Minister warned on Sunday that the UK was facing a “tidal wave” of Covid-19 infections due to the new Omicron variant.

So anyone aged 18 and over would be offered vaccine boosters before New Years Eve in an effort to provide the highest level of protection possible.

In this context, and after the government raised the pandemic alert level from three to four, Railway line, Cineworld, IWG and SSP Group were all inferior.

But it was a subcontractor Head which was at the bottom of the pile, having reported broadly stable revenues. The company said the group’s like-for-like revenue, adjusted for divestitures, was 0.6% higher in the 11 months to November 30 at £ 2.88 billion.

In the other direction, the actions of Jupiter fund management surged strongly after the Financial Mail on Sunday reported that the company had hired Robey Warshaw to advise it on how to bolster its defenses against a possible takeover offer amid the merger frenzy that gripped the city.

Market movers

FTSE 250 (MCX) 22 678.26 -1.09%

FTSE 250 – Lifts

Jupiter Fund Management (JUP) 252.00p 7.78%
Moonpig Group (MOON) 358.40p 6.79%
Swiss Watches Group (WOSG) 1,444.00 p 1.98%
Trustpilot Group (TRST) 338.40p 1.81%
Ashmore Group (ASHM) 290.80p 1.75%
Dechra Pharmaceuticals (DPH) 5.065.00p 1.38%
Renishaw (RSW) 4,578.00p 1.28%
Vesuvius (VSVS) 428.40p 1.23%
Spectrum (SXS) 3,643.00p 1.22%
Fraser Group (FRAS) 740.50p 1.09%

FTSE 250 – Fallers

Captain (IPC) 37.35p -17.37%
Train line (TRN) 256.80p -6.07%
IWG (IWG) 259.70p -5.97%
SSP Group (SSPG) 220.70p -5.80%
Cineworld Group (CINE) 44.44p -5.61%
Wood Group (John) (GT) 181.65p -5.59%
Tablespoon (JD) (JDW) 819.50p -5.48%
Catering group (RTN) 78.70p -5.07%
C&C Group (CDI) (CCR) 218.80p -4.95%
Petropavlovsk (POG) 20.12p -4.82%

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