Source: Sharecast
Ithaca Energy tumbled after major shareholders Delek and Eni sold just over 49.6m shares in the company in a placing.
Delek and offloaded the stock at 213.75p a share. The sale was priced at a 10% discount to Ithaca's Monday close of 237.50 pence.
Oxford Nanopore Technologies shares were in the red on Tuesday morning, even after it reported a stronger-than-expected first half, with revenue growth across all regions and customer segments and a narrowed loss as it reaffirmed its full-year guidance.
The FTSE 250 sequencing company posted revenue of £105.6m for the six months ended 30 June, up 25.6% year on year on a reported basis and 28% at constant currency.
Growth was broad-based, led by Asia-Pacific and EMEAI, which rose 38.3% and 32.7% respectively, while the Americas grew 16.9% despite what the company described as “ongoing uncertainty in the US research environment”.
Clinical markets grew 52.9%, followed by Applied Industrial, BioPharma and Research.
Adjusted EBITDA losses narrowed to £48.3m from £61.7m a year earlier, reflecting improved gross profits and cost control.
FTSE 250 - Risers
Hochschild Mining (HOC) 305.20p 1.73%
Apax Global Alpha Limited (APAX) 165.20p 1.10%
Worldwide Healthcare Trust (WWH) 336.00p 1.05%
Fidelity Emerging Markets Limited Ptg NPV (FEML) 860.00p 0.58%
Caledonia Investments (CLDN) 366.00p 0.55%
Spirent Communications (SPT) 196.20p 0.41%
Ashoka India Equity Investment Trust (AIE) 264.50p 0.38%
Schroder Asia Pacific Fund (SDP) 611.00p 0.33%
Spectris (SXS) 4,054.00p 0.20%
Personal Assets Trust (PNL) 518.00p 0.19%
FTSE 250 - Fallers
Ithaca Energy (ITH) 208.00p -12.42%
Oxford Nanopore Technologies (ONT) 167.90p -9.39%
IP Group (IPO) 57.00p -6.71%
Raspberry PI Holdings (RPI) 401.90p -5.35%
W.A.G Payment Solutions (WPS) 95.40p -5.07%
Abrdn (ABDN) 184.50p -4.80%
Shaftesbury Capital (SHC) 137.70p -4.77%
Bridgepoint Group (Reg S) (BPT) 322.80p -4.67%
Man Group (EMG) 156.90p -4.45%
Tritax Big Box Reit (BBOX) 132.90p -4.39%