FTSE 250 movers: Restaurant Group retreats; Inchcape rallies
By Michele Maatouk
Date: Friday 18 Jun 2021
(Sharecast News) - 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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