FTSE 250 movers: Oil stocks spike as US sanctions Russian firms
FTSE 250 (MCX) 22,276.76 0.21%
Miners were in favour after the US imposed fresh sanctions on Russian oil firms Rosneft and Lukoil as it looks to ramp up pressure on Moscow to end its war in Ukraine. The news saw crude oil prices spike by more than 4%
US President Donald Trump said that while he continued to have "good conversations" with his Russian counterpart Vladimir Putin, "they don't go anywhere".
Endeavour Mining, Ithaca Energy, Harbour Energy and Diversified Energy were all up.
Renishaw fell as it said exchange rate movements weighed heavily on its top-line performance in the first quarter, with heavy declines in the EMEA region.
AJ Bell was also in the red even after the investment platform and stockbroker services group reported a record performance over the year to 30 September, with customer numbers rising by a fifth and platform assets under administration hitting an all-time high.
FTSE 250 - Risers
Endeavour Mining (EDV) 3,188.00p 4.52%
Harbour Energy (HBR) 212.80p 4.52%
Ithaca Energy (ITH) 200.25p 4.51%
Anglo-Eastern Plantations (AEP) 1,325.00p 3.52%
Diversified Energy Company (DEC) 985.00p 3.30%
Ninety One (N91) 224.40p 3.22%
International Workplace Group (IWG) 234.00p 2.90%
BlackRock World Mining Trust (BRWM) 658.00p 2.81%
Keller Group (KLR) 1,598.00p 2.70%
Trustpilot Group (TRST) 205.00p 2.55%
FTSE 250 - Fallers
Renishaw (RSW) 3,570.00p -3.90%
WH Smith (SMWH) 656.00p -3.81%
AJ Bell (AJB) 541.00p -2.61%
SSP Group (SSPG) 161.10p -2.36%
Sequoia Economic Infrastructure Income Fund Limited (SEQI) 77.90p -2.14%
Genus (GNS) 2,545.00p -2.12%
Supermarket Income Reit (SUPR) 80.10p -2.08%
Wizz Air Holdings (WIZZ) 1,107.00p -2.04%
Playtech (PTEC) 278.50p -1.94%
Gamma Communications (GAMA) 1,004.00p -1.57%
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