FTSE 250 risers: Babcock pushes higher, IDS and Close Brothers slip

Defence contractor Babcock's shares were sought out at the end of the week.

The day before the company had insisted that its turnaround plan remained on track and that it would resume its dividend payments soon.

That saw the shares finish the Friday session at their best level in over two years.

Shares of International Distribution Services on the other hand were unloved despite the appointment of Martin Seidenberg as its new chief executive officer effective from the following month.

Nonetheless, the company's shares had run up to near their best levels for almost two years over the preceding two months roughly.

Close Brothers was also among the top fallers after updating shareholders on its performance for the first 11 months of its financial year.

Market Movers

FTSE 250 (MCX) 19,200.45 -0.58%

FTSE 250 - Risers

Ithaca Energy (ITH) 158.00p 5.33%
Babcock International Group (BAB) 377.40p 4.37%
FirstGroup (FGP) 149.80p 3.10%
Bakkavor Group (BAKK) 105.50p 2.43%
Aston Martin Lagonda Global Holdings (AML) 358.20p 1.76%
Hilton Food Group (HFG) 666.00p 1.68%
Redrow (RDW) 522.00p 1.36%
Ferrexpo (FXPO) 94.95p 1.33%
Ascential (ASCL) 212.60p 1.24%
Molten Ventures (GROW) 268.00p 1.21%

FTSE 250 - Fallers

Trainline (TRN) 268.80p -4.00%
HarbourVest Global Private Equity Limited A Shs (HVPE) 2,250.00p -3.64%
Just Group (JUST) 83.20p -3.59%
Darktrace (DARK) 383.00p -3.28%
Kainos Group (KNOS) 1,286.00p -3.24%
Jupiter Fund Management (JUP) 105.20p -3.22%
International Distributions Services (IDS) 263.70p -3.19%
Future (FUTR) 776.50p -3.18%
Elementis (ELM) 103.80p -3.17%
GCP Infrastructure Investments Ltd (GCP) 79.90p -3.15%