FTSE 250 movers: Stagecoach slump; Dignity on the rise

Stagecoach shares continued to nosedive after broker JP Morgan cut its rating for the stock to 'underweight' from 'neutral'.

The company on Wednesday reporting a 37% per cent fall in full year pre-tax profits as it warned of “economic, consumer and political uncertainty” following Britain’s vote to leave the EU.

Shares in funeral provider Dignity were up on the back of a Berenberg upgrade to 'buy' from 'hold', saying the company's investment case had not been changed by the Brexit vote.

FTSE 250 - Risers

Essentra (ESNT) 548.00p 6.82%
Crest Nicholson Holdings (CRST) 379.40p 6.57%
Dairy Crest Group (DCG) 572.00p 6.42%
Britvic (BVIC) 622.50p 6.41%
Dignity (DTY) 2,726.00p 6.07%
Ibstock (IBST) 137.70p 5.92%
Genus (GNS) 1,653.00p 5.62%
Wizz Air Holdings (WIZZ) 1,693.00p 5.48%
TalkTalk Telecom Group (TALK) 230.00p 4.93%
Smurfit Kappa Group (SKG) 1,732.00p 4.91%

FTSE 250 - Fallers

Stagecoach Group (SGC) 209.40p -9.39%
Metro Bank (MTRO) 1,728.00p -4.42%
Zoopla Property Group (WI) (ZPLA) 254.70p -4.25%
Big Yellow Group (BYG) 752.00p -3.71%
Marshalls (MSLH) 230.00p -3.28%
Polypipe Group (PLP) 252.10p -3.19%
Restaurant Group (RTN) 279.00p -2.99%
Howden Joinery Group (HWDN) 373.00p -2.89%
Daejan Holdings (DJAN) 4,900.00p -2.87%
Kaz Minerals (KAZ) 129.00p -2.71%