FTSE 250 movers: St James's Place surges; Close Bros skids

St James’s Place surged after announcing plans to cut costs by £100m a year by 2027, with anticipated cumulative net savings of nearly £500m through to 2030.

Greggs gained as the bakery chain lifted its interim dividend and reported a jump in profit and revenue as it benefited from an expanded food and drinks range.

Close Brothers fell as the UK’s financial watchdog said it was considering a compensation scheme for motor finance customers who complained about commission payments but was extending a deadline for companies to respond.

Irn-Bru maker AG Barr backed its expectations for the full year on Tuesday as it said revenue for the first half was set to rise versus the same period a year earlier.

Bodycote reported a mixed first-half performance on Tuesday, amid a challenging market, as organic revenue grew by 1.5% excluding surcharges, while total revenue declined 5% to £399m due to lower surcharges and foreign exchange headwinds.

Precision instruments supplier Spectris said on Tuesday that operating profits had fallen in the six months ended 30 June amid a drop in both sales and operating margins.

Market Movers

FTSE 250 - Risers

St James's Place (STJ) 698.00p 24.98%
Greggs (GRG) 3,092.00p 5.31%
RHI Magnesita N.V. (DI) (RHIM) 3,760.00p 4.30%
Bridgepoint Group (Reg S) (BPT) 288.20p 4.04%
Just Group (JUST) 118.40p 3.50%
Hays (HAS) 95.25p 3.20%
Pagegroup (PAGE) 427.40p 3.09%
Barr (A.G.) (BAG) 649.00p 3.02%
Quilter (QLT) 131.30p 2.98%
IP Group (IPO) 41.50p 2.98%

FTSE 250 - Fallers

Ocado Group (OCDO) 407.00p -5.92%
Close Brothers Group (CBG) 502.00p -4.29%
Tyman (TYMN) 399.00p -2.56%
Spectris (SXS) 2,930.00p -2.40%
Spirent Communications (SPT) 172.70p -2.21%
Aston Martin Lagonda Global Holdings (AML) 156.40p -2.01%
Man Group (EMG) 242.80p -1.46%
Kainos Group (KNOS) 1,110.00p -1.42%
Bodycote (BOY) 706.00p -1.26%
Johnson Matthey (JMAT) 1,620.00p -1.22%