FTSE 250 movers: Investors eye real estate amid reopening hopes, Cineworld and Just Group pop higher

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Sharecast News | 16 Mar, 2021

Investors had their eye on shares of real estate firms on Tuesday, amid hopes for the reopening of the UK economy and a smattering of news around the sector.

Against that backdrop, Hammerson was at the top of the leaderboard on the second-tier index after announcing that it sought to convert a former flagship Debenhams in Leicester into housing.

Stock in Sirius Real Estate was also higher, coming within a whisker of its 52-week highs after news broke that it had bought a property in Essen for €10.7m.

Linked to the reopening theme as well perhaps, Cineworld shares could also be seen at their 52-week highs on Tuesday.

Just Group was another top gainer as analysts hailed the insurer's full-year numbers.

"These results show that Just Group is at last a cash generative insurer which is no longer at risk of needing external capital," analysts at RBC Capital said in a research note sent to clients.

"A record low level of strain means the group can grow without jeopardising the balance sheet."

Market Movers

FTSE 250 (MCX) 21,764.49 1.13%

FTSE 250 - Risers

Hammerson (HMSO) 41.70p 13.32%
Cineworld Group (CINE) 115.55p 7.99%
Just Group (JUST) 99.90p 5.21%
Serco Group (SRP) 137.40p 5.13%
Capital & Counties Properties (CAPC) 181.60p 4.73%
Avon Rubber (AVON) 3,130.00p 4.50%
Shaftesbury (SHB) 669.00p 4.45%
Sirius Real Estate Ltd. (SRE) 97.00p 4.42%
Softcat (SCT) 1,569.00p 4.11%
Dunelm Group (DNLM) 1,357.00p 3.98%

FTSE 250 - Fallers

Petrofac Ltd. (PFC) 98.72p -9.76%
4Imprint Group (FOUR) 2,450.00p -8.18%
Wood Group (John) (WG.) 301.10p -5.08%
Wizz Air Holdings (WIZZ) 5,300.00p -3.72%
Energean (ENOG) 871.80p -3.52%
TI Fluid Systems (TIFS) 283.95p -3.30%
Playtech (PTEC) 414.60p -3.27%
Just Eat Takeaway.Com N.V. (CDI) (JET) 7,182.00p -2.15%
Diversified Gas & Oil (DGOC) 112.60p -2.09%
TUI AG Reg Shs (DI) (TUI) 427.40p -1.99

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