FTSE 250 movers: Petrofac gushes higher on upgrade; Restaurant Group goes ex-div

London's FTSE 250 was down 2.4% to 19,495.21 after the Bank of England stood pat on rates as expected but with a 5-3 split in the voting.

Oilfield services group Petrofac was the standout gainer after Jefferies bumped the stock up to 'buy' from 'hold'.

CLS Holdings was higher again after announcing the acquisition a day earlier of a portfolio of 12 office buildings in Germany for €148m.

Going the other way, Wizz Air flew lower after Phoenix-based Indigo Partners sold its entire 18.7% stake in the company through an accelerated bookbuild to institutional investors.

Indigo placed 10.7m shares at 2,320p each, raising gross proceeds of around £249m. Following completion of the placing, it holds 44.8m convertible shares and convertible loans notes in Wizz, which if exercised in full would represent another 24.2m shares.

Restaurant Group and Marshalls were on the back foot as their stock went ex-dividend.

Risers

Petrofac Ltd. (PFC) 428.90p 5.88%
CLS Holdings (CLI) 200.60p 2.35%
IP Group (IPO) 138.20p 1.77%
Morgan Advanced Materials (MGAM) 299.50p 1.29%
Acacia Mining (ACA) 296.50p 0.95%
HarbourVest Global Private Equity Limited A Shs (HVPE) 1,274.00p 0.55%
Syncona Limited NPV (SYNC) 152.30p 0.53%
Metro Bank (MTRO) 3,696.00p 0.33%
Savills (SVS) 878.00p 0.29%
GCP Infrastructure Investments Ltd (GCP) 126.30p 0.16%

Fallers

Restaurant Group (RTN) 322.20p -7.94%
Hochschild Mining (HOC) 261.40p -7.01%
Marshalls (MSLH) 384.00p -6.86%
Petra Diamonds Ltd.(DI) (PDL) 114.80p -6.82%
Howden Joinery Group (HWDN) 425.40p -6.36%
Crest Nicholson Holdings (CRST) 552.00p -6.28%
Grafton Group Units (GFTU) 715.50p -6.23%
Intermediate Capital Group (ICP) 833.00p -6.09%
Wizz Air Holdings (WIZZ) 2,278.00p -6.06%
Dunelm Group (DNLM) 602.50p -5.86%