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FTSE 250 movers: CAB Payments gains; TP Icap slumps

Published 31/10/2023, 14:02
Updated 31/10/2023, 14:12
FTSE 250 movers: CAB Payments gains; TP Icap slumps

Sharecast - CAB Payments was the top performer on the index. Shares in the payment processing company tumbled a week ago after it warned on full-year revenues.

It pointed to changes in market conditions in some of its key currency corridors, as well as ongoing uncertainties surrounding the Naira.

Elementis (LON:ELM) was a high riser as it backed its full-year outlook and said the third quarter had been "resilient" as expected in challenging markets, with revenue broadly flat versus the first and second quarters.

Spectris (LON:SXS) advanced as the precision instrumentation and controls company said it expects full-year profits to be at the top end of forecasts despite a continued slowdown in sales growth in the third quarter.

On the downside, TP Icap tumbled after a trading statement.

FTSE 250 - Risers

CAB Payments Holdings (CABP) 60.15p 9.96%

Moonpig Group (MOON) 167.50p 5.88%

Future (FUTR (LON:FUTR)) 897.00p 5.04%

FDM Group (Holdings) (LON:FDM) 442.50p 4.86%

Elementis (ELM) 117.00p 4.09%

TI Fluid Systems (TIFS) 123.80p 3.69%

Spectris (SXS) 3,116.00p 3.66%

CLS Holdings (CLI) 88.30p 3.52%

Oxford Instruments (LON:OXIG) 1,770.00p 3.39%

Urban Logistics Reit (SHED) 105.20p 3.14%

FTSE 250 - Fallers

W.A.G Payment Solutions (WPS) 87.00p -5.43%

TP Icap Group (TCAP) 159.50p -3.27%

Wizz Air Holdings (LON:WIZZ) 1,582.00p -2.53%

Capital Gearing Trust (CGT) 4,420.00p -2.32%

Fidelity China Special Situations (LON:FCSS) 202.50p -2.17%

WH Smith (LON:SMWH) 1,166.00p -2.10%

Pacific Horizon Inv Trust (PHI) 511.00p -1.92%

Vietnam Enterprise Investments (DI) (VEIL) 509.00p -1.74%

888 Holdings (DI) (LON:888) 81.00p -1.46%

Drax Group (LON:DRX) 424.80p -1.28%

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