FTSE 250 movers: Domino's delivering, Telecom Plus disconnects

The FTSE 250 traded slightly higher on Wednesday afternoon, with the midcap index up 0.53% higher at 16,814.52 at 1415 BST.

Domino's Pizza shares delivered a healthy 4% jump. The company has been trialling a high-speed method of cooking a pizza in three minutes and have it delivered in 10.

Card Factory continued their good run, up 2.79%, on the back of good full year results on Tuesday, while packaging specialist Essentra were up as the company reported a successful launch of its Design Hub services.

On the negative side Telecom Plus led the fallers, down almost 5%, as Berenberg downgraded the stock to a 'hold'.

Rotork shares took a hit as Morgan Stanley downgraded to ‘underweight’ and cut its target to 155p while cautioning clients that shares in capital goods manufacturers were now more exposed to downside risk.

FTSE 250 - Risers

Domino's Pizza Group (DOM) 1,057.00p 4.04%
Essentra (ESNT) 829.50p 3.30%
Evraz (EVR) 89.55p 3.17%
Saga (SAGA) 200.00p 3.09%
Moneysupermarket.com Group (MONY) 328.00p 3.02%
B&M European Value Retail S.A. (DI) (BME) 269.50p 2.86%
Card Factory (CARD) 353.10p 2.79%
Jimmy Choo (CHOO) 126.50p 2.43%
Capital & Counties Properties (CAPC) 339.50p 2.32%
Sophos Group (SOPH) 212.70p 2.31%

FTSE 250 - Fallers

Telecom Plus (TEP) 840.50p -4.81%
Rotork (ROR) 166.00p -4.10%
Kaz Minerals (KAZ) 156.70p -2.61%
Genus (GNS) 1,499.00p -2.28%
Ocado Group (OCDO) 331.30p -2.27%
Vesuvius (VSVS) 312.80p -2.04%
Drax Group (DRX) 280.30p -2.03%
Morgan Advanced Materials (MGAM) 212.50p -1.98%
Allied Minds (ALM) 423.30p -1.81%
Virgin Money Holdings (UK) (VM.) 356.90p -1.73%