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25 Sep 2024 | 15:01

FTSE 250 movers: Raspberry Pi stays in favour

(Sharecast News) - FTSE 250 (MCX) 20,763.06 -0.03%

Low-cost micro computer maker Raspberry Pi continued to rally after it on Monday posted better than-expected interim profit in its maiden results as a listed company, sending shares in the firm higher.

Adjusted core earnings rose 55% to $21m, beating internal expectations, while on a pre-tax basis, profits were flat at $10.8m. Revenues surged 61% to $144m.

Mining companies were higher as China announced a second round of stimulus measures, with Hochschild Mining, Centamin and Ithaca Energy all up.

4Imprint led the fallers.

Market Movers

FTSE 250 - Risers

Raspberry PI Holdings (RPI) 396.30p 6.76% PureTech Health (PRTC) 146.80p 3.53% Hochschild Mining (HOC) 187.60p 2.85% Ashmore Group (ASHM) 204.60p 2.76% Watches of Switzerland Group (WOSG) 417.60p 2.76% Dr. Martens (DOCS) 55.00p 2.61% Quilter (QLT) 133.20p 2.46% Ithaca Energy (ITH) 107.50p 2.38% Keller Group (KLR) 1,640.00p 2.24% Centamin (DI) (CEY) 157.30p 2.21%

FTSE 250 - Fallers

4Imprint Group (FOUR) 4,975.00p -3.96% Harworth Group (HWG) 184.00p -3.41% Just Group (JUST) 137.80p -2.82% SThree (STEM) 365.50p -2.53% JTC (JTC) 1,048.00p -2.24% Elementis (ELM) 154.80p -2.03% PZ Cussons (PZC) 89.70p -1.86% Aston Martin Lagonda Global Holdings (AML) 157.00p -1.81% North Atlantic Smaller Companies Inv Trust (NAS) 3,970.00p -1.49% Ocado Group (OCDO) 351.90p -1.48%
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