FTSE 250 movers: Housebuilders ride the Persimmon wave

FTSE 250: 19,187.78 -0.14%.

Housebuilders were in focus after an upbeat earnings outlook from FTSE 100 peer Persimmon, with Crest Nicholson, Redrow, Bellway and Vistry all boosted by the sentiment.

Persimmon posted a slump in first-quarter completions but said it expects full-year 2023 volumes to be towards the top end of guidance following an improvement in sales rates since the start of the year.

FTSE 250 - Risers

Crest Nicholson Holdings (CRST) 268.60p +6.42%

Redrow (RDW) 514.50p +4.62%

Drax Group (DRX) 643.00p +3.84%

Bellway (BWY) 2,398.00p +3.72%

Vistry Group (VTY) 780.00p +3.59%

Centamin (DI) (CEY) 107.60p +3.46%

W.A.G Payment Solutions (WPS) 97.00p +2.75%

Synthomer (SYNT) 120.10p +2.74%

Bank of Georgia Group (BGEO) 2,915.00p +2.64%

Hammerson (HMSO) 27.86p +2.43%

FTSE 250 - Fallers

AJ Bell (AJB) 324.00p -4.37%

IP Group (IPO) 55.20p -3.83%

TUI AG Reg Shs (DI) (TUI) 523.20p -3.54%

RHI Magnesita N.V. (DI) (RHIM) 2,166.00p -3.48%

Watches of Switzerland Group (WOSG) 794.50p -3.11%

Jupiter Fund Management (JUP) 128.80p -3.08%

Syncona Limited NPV (SYNC) 156.40p -2.74%

Bellevue Healthcare Trust (Red) (BBH) 152.20p -2.69%

Spectris (SXS) 3,742.00p -2.58%

FDM Group (Holdings) (FDM) 667.00p -2.49%