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FTSE 250 movers: Moonpig rebounds; Workspace slides

15:05, 12th July 2024

FTSE 250 (MCX) 21,151.31 -0.18%
Moonpig rebounded from Thursday's slump when a group of investors sold 35m shares in the company in a placing via Citi, JPMorgan and Jefferies, raising proceeds of approximately £61m.

Crest Nicholson Holdings gained after saying on Thursday it was "minded" to recommend Bellway's revised £720m takeover offer.

Office owner and operator Workspace Group gave up gains made on Thursday after an improvement in pricing helped lift rental income in its first quarter as occupancy held stable, while new lettings were bolstered by "resilient" customer demand.

Market Movers

FTSE 250 - Risers

Crest Nicholson Holdings (CRST) 260.20p 3.75%
Moonpig Group (MOON) 204.50p 3.07%
Alpha Group International (ALPH) 2,545.00p 3.04%
Genus (GNS) 1,818.00p 2.83%
North Atlantic Smaller Companies Inv Trust (NAS) 4,080.00p 2.77%
Dr. Martens (DOCS) 76.60p 2.34%
Keller Group (KLR) 1,400.00p 2.19%
Carnival (CCL) 1,295.00p 2.13%
Playtech (PTEC) 529.00p 2.12%
Cranswick (CWK) 4,600.00p 1.77%

FTSE 250 - Fallers

Workspace Group (WKP) 625.00p -3.10%
Future (FUTR) 1,071.00p -2.90%
Supermarket Income Reit (SUPR) 74.10p -2.50%
Allianz Technology Trust (ATT) 398.50p -1.97%
Indivior (INDV) 826.50p -1.96%
Tritax Eurobox (GBP) (EBOX) 66.80p -1.91%
British Land Company (BLND) 411.20p -1.86%
Wood Group (John) (WG.) 200.80p -1.86%
Syncona Limited NPV (SYNC) 120.80p -1.79%
Direct Line Insurance Group (DLG) 189.90p -1.76%

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The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.

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