FTSE 250 movers: Future falls; Bridgepoint gains on results

London’s FTSE 250 was down 1% at 19,610.28 in afternoon trade on Tuesday.

Media group Future was in the red after Daily Express and Mirror publisher Reach posted a drop in first-half profits and revenues amid cost pressures and warned that digital growth would remain "subdued".

Travis Perkins was under the cosh after Wickes, which was spun off from the group last year, downgraded its full-year adjusted pre-tax profit expectations. Wickes said "trading in recent weeks in DIY and a softer outlook for the DIFM (do-it-for-me) market suggest customers are reacting to the uncertain macroeconomic backdrop as we enter the second half of our financial year".

On the upside, asset manager Bridgepoint jumped after it said first-half trading was ahead of expectations and reaffirmed its full-year guidance.

FTSE 250 - Risers

Bridgepoint Group (Reg S) (BPT) 240.00p 5.08%
Tullow Oil (TLW) 48.44p 3.68%
Babcock International Group (BAB) 340.00p 2.16%
Wizz Air Holdings (WIZZ) 1,969.50p 2.15%
Convatec Group (CTEC) 226.80p 1.98%
Sequoia Economic Infrastructure Income Fund Limited (SEQI) 88.00p 1.62%
Lancashire Holdings Limited (LRE) 432.60p 1.50%
Quilter (QLT) 104.10p 1.36%
Centamin (DI) (CEY) 80.26p 1.31%
Helios Towers (HTWS) 139.10p 1.31%

FTSE 250 - Fallers

ASOS (ASC) 1,031.00p -8.03%
Future (FUTR) 1,761.00p -7.85%
Jupiter Fund Management (JUP) 123.80p -7.27%
Currys (CURY) 65.85p -7.25%
Travis Perkins (TPK) 968.80p -6.26%
Ferrexpo (FXPO) 142.40p -5.94%
Aston Martin Lagonda Global Holdings (AML) 442.10p -5.86%
Marks & Spencer Group (MKS) 137.50p -5.43%
Volution Group (FAN) 379.00p -5.37%
Molten Ventures (GROW) 448.00p -4.92%