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18 Jun, 2021 16:01

FTSE 250 movers: Restaurant Group retreats; Inchcape rallies

cars dealership inchcape

London’s FTSE 250 was down 1% at 22,308.96 in afternoon trade on Friday.

Wagamama owner Restaurant Group and WH Smith were both weaker, having been up and down earlier in the week before and after the government announced it would be delaying the lifting of lockdown in England.

Car dealership Inchcape rallied after it said full-year pre-tax profit was set to be "significantly ahead" of market consensus of £216m after a better-than-expected performance in the first half.

The company said that since its first-quarter update at the end of April, encouraging trends across the business have continued and the business has benefited both from an uptick in demand and margin resilience.

FTSE 250 - Risers

ICG Enterprise Trust (ICGT) 1,062.00p 4.12%
Baillie Gifford US Growth Trust (USA) 328.00p 2.66%
Sirius Real Estate Ltd. (SRE) 107.20p 2.49%
Inchcape (INCH) 781.00p 2.43%
GCP Infrastructure Investments Ltd (GCP) 97.90p 1.98%
Pantheon International (PIN) 2,665.00p 1.91%
FDM Group (Holdings) (FDM) 1,010.00p 1.71%
CMC Markets (CMCX) 455.50p 1.67%
Sequoia Economic Infrastructure Income Fund Limited (SEQI) 110.40p 1.66%
Coats Group (COA) 68.00p 1.49%

FTSE 250 - Fallers

Restaurant Group (RTN) 121.20p -5.16%
Energean (ENOG) 740.50p -5.00%
WH Smith (SMWH) 1,685.50p -4.40%
Dr. Martens (DOCS) 420.40p -4.06%
TI Fluid Systems (TIFS) 302.50p -3.97%
Just Group (JUST) 93.45p -3.71%
Cairn Energy (CNE) 159.10p -3.34%
Tullow Oil (TLW) 59.68p -3.24%
Wickes Group (WIX) 240.80p -3.22%
Pets at Home Group (PETS) 446.80p -3.21%


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Important Legal Notice about News Sources

Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author or publisher.

We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.