FTSE 250 movers: Arms makers in vogue; Plus500 slips

(Sharecast News) - FTSE 250 (MCX) 20,895.38 -0.21%

Arms makers were in focus again on Tuesday as bilateral talks began in Saudi Arabia between the US and Russia on the future of Ukraine - without Ukrainian officials present.

Qinetiq, Chemring and Babcock were all higher.

Wood Group rallied after two days of heavy falls on the back of a downbeat trading update last week.

Assura gained after turning down a £1.6bn takeover offer from US-based KKR.

Plus500 retreated even as it announced a $110m share buyback and hailed strong full-year results.

Hollywood Bowl launched a new share buyback programme worth up to £10m on Tuesday, following shareholder authorisation granted at its annual general meeting on 30 January.

Market Movers

FTSE 250 - Risers

Wood Group (John) (WG.) 28.28p 9.27% QinetiQ Group (QQ.) 408.20p 4.13% Assura (AGR) 44.00p 3.53% Chemring Group (CHG) 359.50p 3.45% Future (FUTR) 997.50p 2.99% Hochschild Mining (HOC) 190.60p 2.58% North Atlantic Smaller Companies Inv Trust (NAS) 3,720.00p 1.64% Babcock International Group (BAB) 644.00p 1.58% Mitchells & Butlers (MAB) 230.00p 1.55% Raspberry PI Holdings (RPI) 662.00p 1.53%

FTSE 250 - Fallers

Me Group International (MEGP) 219.50p -4.57% Plus500 Ltd (DI) (PLUS) 2,766.00p -3.42% Pennon Group (PNN) 456.00p -3.14% Ferrexpo (FXPO) 106.20p -2.39% Trainline (TRN) 350.00p -2.29% Ocado Group (OCDO) 305.70p -2.24% Carnival (CCL) 1,845.00p -2.17% Trustpilot Group (TRST) 339.50p -2.16% Drax Group (DRX) 613.50p -2.08% Crest Nicholson Holdings (CRST) 163.50p -1.74%