FTSE 250 movers: Wood Group surges; Zigup stalls

Wood Group shares surged on Wednesday, although there was no apparent reason for the rise.

Victrex jumped after an upgrade to ‘buy’ at Jefferies. The stock spiked on Tuesday, despite a slide in annual profits, after the polymer specialist said 2025 had got off to a "solid" start.

Zigup, formerly Redde Northgate, slumped as it posted a drop in interim profit and revenue in a mixed half-year, with underlying revenues growing 5.6% to £775m on the back of robust performances in vehicle hire and claims services, although reported revenue slipped 0.8% to £903.6m due to weaker vehicle sales.

Market Movers

FTSE 250 - Risers

Wood Group (John) (WG.) 65.15p 11.46%
Victrex plc (VCT) 1,080.00p 7.57%
Close Brothers Group (CBG) 221.80p 6.53%
Kainos Group (KNOS) 804.00p 5.37%
Bakkavor Group (BAKK) 147.50p 4.98%
Foresight Group Holdings Limited NPV (FSG) 414.00p 4.55%
SDCL Energy Efficiency Income Trust (SEIT) 54.20p 4.43%
Alpha Group International (ALPH) 2,290.00p 4.09%
W.A.G Payment Solutions (WPS) 83.80p 3.97%
Ocado Group (OCDO) 319.60p 3.90%

FTSE 250 - Fallers

Zigup (ZIG) 343.00p -10.44%
Auction Technology Group (ATG) 547.00p -2.84%
St James's Place (STJ) 876.00p -2.34%
Me Group International (MEGP) 221.00p -2.00%
Baltic Classifieds Group (BCG) 344.50p -1.43%
4Imprint Group (FOUR) 4,985.00p -1.29%
Bloomsbury Publishing (BMY) 666.00p -1.19%
Morgan Sindall Group (MGNS) 3,805.00p -1.17%
Wetherspoon (J.D.) (JDW) 633.00p -1.09%
Babcock International Group (BAB) 522.00p -1.04%