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04 Dec 2024 | 14:27

FTSE 250 movers: Wood Group surges; Zigup stalls

(Sharecast News) - FTSE 250 (MCX) 20,964.18 0.34% Wood Group shares surged on Wednesday, although there was no apparent reason for the rise.

Victrex jumped after an upgrade to 'buy' at Jefferies. The stock spiked on Tuesday, despite a slide in annual profits, after the polymer specialist said 2025 had got off to a "solid" start.

Zigup, formerly Redde Northgate, slumped as it posted a drop in interim profit and revenue in a mixed half-year, with underlying revenues growing 5.6% to £775m on the back of robust performances in vehicle hire and claims services, although reported revenue slipped 0.8% to £903.6m due to weaker vehicle sales.

Market Movers

FTSE 250 - Risers

Wood Group (John) (WG.) 65.15p 11.46% Victrex plc (VCT) 1,080.00p 7.57% Close Brothers Group (CBG) 221.80p 6.53% Kainos Group (KNOS) 804.00p 5.37% Bakkavor Group (BAKK) 147.50p 4.98% Foresight Group Holdings Limited NPV (FSG) 414.00p 4.55% SDCL Energy Efficiency Income Trust (SEIT) 54.20p 4.43% Alpha Group International (ALPH) 2,290.00p 4.09% W.A.G Payment Solutions (WPS) 83.80p 3.97% Ocado Group (OCDO) 319.60p 3.90%

FTSE 250 - Fallers

Zigup (ZIG) 343.00p -10.44% Auction Technology Group (ATG) 547.00p -2.84% St James's Place (STJ) 876.00p -2.34% Me Group International (MEGP) 221.00p -2.00% Baltic Classifieds Group (BCG) 344.50p -1.43% 4Imprint Group (FOUR) 4,985.00p -1.29% Bloomsbury Publishing (BMY) 666.00p -1.19% Morgan Sindall Group (MGNS) 3,805.00p -1.17% Wetherspoon (J.D.) (JDW) 633.00p -1.09% Babcock International Group (BAB) 522.00p -1.04%
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