FTSE 250 movers: WoS surges on upgrade; Oil stocks slip

FTSE 250 (MCX) 21,020.42 1.28%

Watches of Switzerland was sharply higher after an upgrade to 'buy' at Deutsche Bank.

IP Group soared after revealing it would net £134m from its stake in fraud-detection group Featurespace after it was bought by global payment giant Visa.

Oil miners fell on the back of a slide in crude prices after a report that Saudi Arabia was winding back production cuts.

FTSE 250 - Risers

Watches of Switzerland Group (WOSG) 461.60p 8.36%
Burberry Group (BRBY) 660.40p 8.16%
Fidelity China Special Situations (FCSS) 199.60p 6.40%
IP Group (IPO) 49.55p 5.43%
Hochschild Mining (HOC) 196.40p 5.03%
Wizz Air Holdings (WIZZ) 1,412.00p 4.98%
Ocado Group (OCDO) 368.20p 4.57%
Renishaw (RSW) 3,655.00p 4.28%
Moonpig Group (MOON) 214.50p 4.13%
Hill and Smith (HILS) 2,085.00p 3.99%

FTSE 250 - Fallers

Petershill Partners (PHLL) 211.50p -5.16%
Future (FUTR) 981.00p -4.39%
Ithaca Energy (ITH) 103.70p -3.98%
Harbour Energy (HBR) 264.10p -1.71%
Raspberry PI Holdings (RPI) 383.60p -1.54%
Aston Martin Lagonda Global Holdings (AML) 154.00p -1.47%
Pennon Group (PNN) 593.00p -1.17%
Endeavour Mining (EDV) 1,883.00p -1.15%
PPHE Hotel Group Ltd (PPH) 1,235.00p -0.80%
Wood Group (John) (WG.) 126.50p -0.78%