FTSE 250 movers: Morgan Sindall surges on upgraded outlook; Wizz Air flies lower.


London’s FTSE 250 was down 0.3% at 21,224.17 in afternoon trade on Tuesday.

Morgan Sindall Group

Source: Sharecast

Construction services group Morgan Sindall surged to the top of the index after it said that full-year results for 2025 will be "significantly ahead" of previous expectations due to a stronger-than-forecast performance from the Fit Out division in the second quarter.

Ocean Wilsons Holdings rallied as it said that it and Hansa Investment Company have reached a preliminary agreement on an all-share merger that would see Hansa acquire the entire issued share capital of Ocean Wilsons.

B&M European Value Retail sparked after the discount retailer’s new chief executive picked up more than half a million pounds worth of shares.

Tjeerd Jegen, who took on the role of CEO on Monday, bought 197,900 shares for £523,559.60. The transactions were made between 10 and 13 June.

Russ Mould, investment director at AJ Bell, said: "B&M’s new chief executive Tjeerd Jegen has aligned himself with shareholders’ interests after spending more than half a million of pounds on shares in the value retailer.

"It sends a positive signal to the market that he’s serious about turning the business around. Failure to do so would hurt his wallet as well as his reputation."

On the downside, Wizz Air flew lower amid the prospect of higher fuel costs, as oil prices rose.

FTSE 250 - Risers

Morgan Sindall Group (MGNS) 4,415.00p 14.97%
Ocean Wilsons Holdings Ltd. (OCN) 1,590.00p 7.80%
Renishaw (RSW) 2,865.00p 5.14%
Diversified Energy Company (DEC) 1,104.00p 4.45%
Safestore Holdings (SAFE) 663.50p 3.27%
Harbour Energy (HBR) 210.40p 3.04%
Ithaca Energy (ITH) 168.80p 2.93%
B&M European Value Retail S.A. (DI) (BME) 263.30p 2.89%
Kier Group (KIE) 184.60p 2.56%
Rank Group (RNK) 128.80p 2.06%

FTSE 250 - Fallers

Wizz Air Holdings (WIZZ) 1,069.00p -6.31%
Ocado Group (OCDO) 243.00p -3.99%
Baltic Classifieds Group (BCG) 355.50p -3.79%
Burberry Group (BRBY) 1,071.50p -3.56%
Auction Technology Group (ATG) 439.50p -3.09%
Harworth Group (HWG) 170.50p -2.85%
Oxford Instruments (OXIG) 1,736.00p -2.80%
NCC Group (NCC) 162.60p -2.75%
Pagegroup (PAGE) 268.00p -2.69%
Keller Group (KLR) 1,490.00p -2.61%

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