Risers and Fallers

FTSE 250 movers: Hormuz reopening sees cyclicals surge, slump

By Frank Prenesti

Date: Friday 17 Apr 2026

(Sharecast News) - FTSE 250 (MCX) 23,186.41 1.79%


Iran's declaration that the Strait of Hormuz is now "completely open" to commercial ships saw sharp movements in cyclical stocks sensitive to geopolitical movements.

The country's foreign minister, Abbas Araghchi, said in a social media post: "In line with...

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