FTSE 250 movers: Raspberry Pi stays in favour

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Sharecast News | 25 Sep, 2024

Updated : 15:18

FTSE 250 (MCX) 20,763.06 -0.03%

Low-cost micro computer maker Raspberry Pi continued to rally after it on Monday posted better than-expected interim profit in its maiden results as a listed company, sending shares in the firm higher.

Adjusted core earnings rose 55% to $21m, beating internal expectations, while on a pre-tax basis, profits were flat at $10.8m. Revenues surged 61% to $144m.

Mining companies were higher as China announced a second round of stimulus measures, with Hochschild Mining, Centamin and Ithaca Energy all up.

4Imprint led the fallers.

Market Movers

FTSE 250 - Risers

Raspberry PI Holdings (RPI) 396.30p 6.76%
PureTech Health (PRTC) 146.80p 3.53%
Hochschild Mining (HOC) 187.60p 2.85%
Ashmore Group (ASHM) 204.60p 2.76%
Watches of Switzerland Group (WOSG) 417.60p 2.76%
Dr. Martens (DOCS) 55.00p 2.61%
Quilter (QLT) 133.20p 2.46%
Ithaca Energy (ITH) 107.50p 2.38%
Keller Group (KLR) 1,640.00p 2.24%
Centamin (DI) (CEY) 157.30p 2.21%

FTSE 250 - Fallers

4Imprint Group (FOUR) 4,975.00p -3.96%
Harworth Group (HWG) 184.00p -3.41%
Just Group (JUST) 137.80p -2.82%
SThree (STEM) 365.50p -2.53%
JTC (JTC) 1,048.00p -2.24%
Elementis (ELM) 154.80p -2.03%
PZ Cussons (PZC) 89.70p -1.86%
Aston Martin Lagonda Global Holdings (AML) 157.00p -1.81%
North Atlantic Smaller Companies Inv Trust (NAS) 3,970.00p -1.49%
Ocado Group (OCDO) 351.90p -1.48%

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