FTSE 250 movers: SSP slumps on UBS note; Cyclicals also lower

(Sharecast News) - FTSE 250 (MCX) 21,604.46 -0.42% SSP was under the cosh after a downgrade to 'sell' from 'neutral' at UBS. The bank said that mid-term consensus screens as stretched in light of upcoming headwinds.

Warehouse Reit was in focus after Blackstone Europe took a step closer to securing the property group, which backed an improved £489m takeover bid.

Cyclical stocks were lower after a surprise fall in UK GDP, with Marshalls, Vistry and Savills down.



FTSE 250 - Risers

Hochschild Mining (HOC) 283.80p 4.72% IP Group (IPO) 57.30p 2.69% Endeavour Mining (EDV) 2,276.00p 2.52% Zigup (ZIG) 336.50p 2.28% Jupiter Fund Management (JUP) 122.40p 2.00% Vietnam Enterprise Investments (DI) (VEIL) 658.00p 1.70% AJ Bell (AJB) 521.50p 1.36% HICL Infrastructure (HICL) 120.00p 1.35% Fidelity China Special Situations (FCSS) 261.00p 1.16% Cranswick (CWK) 5,220.00p 1.16%

FTSE 250 - Fallers

SSP Group (SSPG) 170.10p -9.52% Ocado Group (OCDO) 235.60p -2.77% Vistry Group (VTY) 605.40p -2.54% RS Group (RS1) 581.50p -2.43% Close Brothers Group (CBG) 395.60p -2.42% Vesuvius (VSVS) 388.80p -2.36% Marshalls (MSLH) 257.50p -2.28% Bloomsbury Publishing (BMY) 494.50p -2.27% Bodycote (BOY) 594.00p -2.22% Savills (SVS) 945.00p -2.17%