FTSE 250 movers: Pets at Home out of the dog house; Hochschild up as silver flies

Fri 31 Jul 2020

LONDON (SHARECAST) - (Sharecast News) - London's second tier index finished the month on the back foot, weighed down by losses in the travel and leisure space after the Prime Minister announced that the planned easing of lockdown measures would be postponed.
The move to postpone that easing for two weeks followed spikes in the number of new infections in parts of northern England.

Against that backdrop, the FTSE 250 ended Friday's session 0.5% weaker at 16,932.65.

Shares of TUI AG, Carnival, easyJet and Go Ahead Group were at or near the bottom of the pile.

Stock in Russian gold miner Petropavlovsk was conspicuous among the top fallers, given that futures for the yellow metal added 1.17% to 1,989.8/oz. during the session.

So too was the fall in Cairn Energy with the rise in front-dated Brent futures more than offset by poor results out of US peer Chevron which were weighing on the entire European Oil&Gas sector.

Hochschild Mining on the other hand was higher, as September-dated silver futures outperformed again, surging by 3,69% to $24.23/oz..

Somewhat ironically, Pets at Home outperformed by a mile after announcing that its like-for-like revenues had bounced back 12% in the eight weeks ended 16 July as a result of "exceptional, brought forward demand" - as lockdown restrictions were eased.

Its shares hit a fresh record high at one point in the day but ended just below their prior 52-week highs.

Market Movers

FTSE 250 (MCX) 16,932.65 -0.50%

FTSE 250 - Risers

Pets at Home Group (PETS) 311.40p 21.45%
Sabre Insurance Group (SBRE) 303.50p 9.96%
Equiniti Group (EQN) 126.40p 9.42%
Spirent Communications (SPT) 280.00p 8.53%
BMO Commercial Property Trust Limited (BCPT) 58.50p 7.73%
TBC Bank Group (TBCG) 792.00p 6.02%
Bank of Georgia Group (BGEO) 777.00p 5.71%
AO World (AO.) 167.40p 4.49%
Workspace Group (WKP) 615.00p 4.24%
Aston Martin Lagonda Global Holdings (AML) 57.90p 3.76%

FTSE 250 - Fallers

TUI AG Reg Shs (DI) (TUI) 288.10p -6.00%
Carnival (CCL) 826.60p -5.70%
Vesuvius (VSVS) 408.00p -5.38%
easyJet (EZJ) 494.70p -5.34%
SSP Group (SSPG) 205.60p -4.99%
Virgin Money UK (VMUK) 87.78p -4.75%
Petropavlovsk (POG) 36.20p -4.61%
Frasers Group (FRAS) 252.60p -4.32%
Grafton Group Units (GFTU) 643.50p -4.31%
Travis Perkins (TPK) 1,104.00p -3.98%
CCL - Carnival

Latest Prices

Name Price %
Carnival 976.80p -5.07%
Chevron Corp. $77.90 -1.13%
easyJet 554.00p -6.77%
Go-Ahead Group 663.50p -3.00%
Hochschild Mining 253.60p +6.11%
Pets at Home Group 304.20p -1.04%
Petropavlovsk 37.20p -1.33%
TUI AG Reg Shs (DI) 295.20p -4.16%
Dow Jones I.A. 27,799 -0.37%
FTSE 250 17,560 -1.00%
FTSE 350 3,397 -0.51%
FTSE All-Share 3,363 -0.50%
S&P 100 1,545 -0.25%
S&P 500 3,349 -0.23%
General Retailers 2,317 -1.14%
Mining 19,449 +0.58%
Travel & Leisure 6,644 -2.97%

Archived Stories

17 Sep Carnival cancels all P&O sailings until early 2021
16 Sep Carnival's AIDA to run weekly autumn Italy cruises from October
15 Sep Carnival swings to third-quarter loss, talks up 2021 bookings
03 Sep Europe midday: Stocks up on France stimulus news, CDC vaccine plans
01 Sep Carnival's Seabourn cancels additional voyages