Share Prices & Company Research

Market News

05 Mar 2021 | 14:55

FTSE 250 movers: Spirent rallies on acquisition; GCP Student falls

(Sharecast News) - London's FTSE 250 was down 1% at 21,090.84 in afternoon trade on Friday. Technology company Spirent Communications surged after saying it had bought US peer octoScope for $55m in cash.

Wood Group, Petrofac, Cairn Energy and Energean were all higher as oil prices rallied.

On the downside, GCP Student Living lost ground as it reported a drop in asset values and a sharply reduced dividend after Covid-19 cut occupancy at its sites.

Net asset value under the EPRA measure fell to 171.38p a share from 174.71p a year earlier in the six months to the end of December. The student accommodation provider cut its interim dividend to 0.5p a share from 3.15p a year earlier to preserve capital.

FTSE 250 - Risers

Spirent Communications (SPT) 246.50p 7.88% Wood Group (John) (WG.) 332.10p 7.03% Petrofac Ltd. (PFC) 137.90p 5.07% Mitchells & Butlers (MAB) 312.00p 4.17% Cairn Energy (CNE) 207.40p 3.70% FDM Group (Holdings) (FDM) 1,058.00p 3.32% PZ Cussons (PZC) 267.00p 3.09% ITV (ITV) 119.90p 3.05% Ferrexpo (FXPO) 338.60p 2.86% Energean (ENOG) 930.30p 2.73%

FTSE 250 - Fallers

Baillie Gifford US Growth Trust (USA) 292.00p -6.41% Allianz Technology Trust (ATT) 2,630.00p -5.40% John Laing Group (JLG) 302.20p -5.03% Edinburgh Worldwide Inv Trust (EWI) 328.50p -4.64% The Renewables Infrastructure Group Limited (TRIG) 124.60p -4.45% Rank Group (RNK) 181.60p -4.12% Carnival (CCL) 1,673.50p -3.35% Computacenter (CCC) 2,178.00p -3.20% GCP Student Living (DIGS) 148.60p -3.00% BlackRock Smaller Companies Trust (BRSC) 1,688.00p -2.99%
Get in touch today
Join Redmayne Bentley
Talk to us now about opening a new account or transferring your account from another provider
0113 243 6941
Get in touch today
Contact your local office
Contact your local office to find out more
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
Continuing our Personal Service: View our Latest COVID-19 Update: 30th April 2021
We use cookies on this site to improve your experience and help us provide you with a better website. An explanation of the cookies we use and their purpose can be found within our Cookie Policy. Your continued use of this site means you consent to the use of cookies.