FTSE 250 movers: Serco soars, Auction tech slumps.


FTSE 250 (MCX) 20,811.51 -0.04%

Source: Sharecast

Serco shot up after it was awarded three contracts with a combined value of over £1bn by the UK Ministry of Defence to provide maritime services for the Royal Navy.

Watches of Switzerland rallied as it reported a jump in full-year revenues as it returned to growth in the UK and US.

PageGroup and Spectris lost ground as they traded without entitlement to the dividend.

Shares in Auction Technology Group dropped after the marketplace operator maintained its full-year outlook but sounded a note of caution regarding macroeconomic volatility.

Alongside its interim results for the half year ended 31 March, the company said trading over first five months of the financial year was strong, but activity levels slowed in March "due to uncertainty in our underlying markets as trade buyers and consumers paused some activity to take stock of the global macroeconomic volatility". Trading subsequently stabilised in April.

FTSE 250 - Risers

Serco Group (SRP) 182.00p 4.00%
Investec (INVP) 505.00p 3.57%
HICL Infrastructure (HICL) 114.20p 3.44%
Bakkavor Group (BAKK) 193.80p 3.42%
Just Group (JUST) 147.00p 3.23%
Watches of Switzerland Group (WOSG) 406.40p 3.15%
AO World (AO.) 97.80p 2.95%
Chemring Group (CHG) 421.50p 2.55%
Travis Perkins (TPK) 629.50p 2.52%
British Land Company (BLND) 403.80p 2.12%

FTSE 250 - Fallers

Auction Technology Group (ATG) 500.00p -8.59%
Lion Finance Group (BGEO) 6,260.00p -7.26%
Pagegroup (PAGE) 270.40p -5.92%
Spectris (SXS) 2,062.00p -5.67%
Aston Martin Lagonda Global Holdings (AML) 79.10p -5.10%
Wizz Air Holdings (WIZZ) 1,649.00p -4.24%
Diversified Energy Company (DEC) 1,019.00p -4.14%
TBC Bank Group (TBCG) 4,465.00p -3.56%
THG (THG) 27.44p -3.31%
Indivior (INDV) 813.50p -3.27%

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