FTSE 250 movers: Oxford Instruments declines; Swiss watches are leaping

Oxford Instruments was lower despite the research tool maker saying revenue and adjusted operating profit increased in the six-month period ended September 30.

Insurer Beazley was in the red even as it announced a slight increase in gross written premiums in the third quarter as auto claims severity inflation increased.

On the rise, Watches from Switzerland climbed to the top of the index after revising its outlook for the full year following a better-than-expected first-half performance.

For fiscal 22, the company now expects revenue of between £ 1.15bn and £ 1.20bn, up from previous forecast of £ 1.05bn to £ 1.05bn. 10 billion pounds. Earnings before interest, taxes, depreciation and amortization and adjusted EBITDA margin are up 1% to 1.5%, compared to previous forecasts of stagnating at 0.5%.

3i infrastructure traded after reporting a “strong” first half, driven by “excellent” portfolio performance and said it was on track to deliver an increased FY22 dividend of 10.45p per share.

FTSE 250 – Lifts

Swiss Watches Group (WOSG) 1,296.00p 14.29%
Sirius Real Estate Ltd. (SRE) 138.20p 4.22%
Scope (RCH) 328.00p 3.31%
Bridgepoint Group (Reg S) (BPT) 546.00p 3.02%
Baltic Ad Group (BCG) 199.50p 2.84%
PZ Cussons (PZC) 210.00p 2.69%
4Print group (FOUR) 2 970.00p 2.24%
Marks & Spencer Group (MKS) 194.55p 2.23%
Infrastructure 3i (3IN) 335.50p 1.98%
Airtel Africa (AAF) 124.90p 1.96%

FTSE 250 – Fallers

Beazley (BEZ) 406.00p -4.04%
Oxford Instruments (OXIG) 2,315.00 p -3.54%
Redde Northgate (REDD) 411.50p -3.52%
AO World (AO.) 128.60p -3.38%
Page group (PAGE) 653.00p -3.26%
Insurance Group Direct Line (DLG) 279.70p -2.95%
Wood Group (John) (GT) 197.85p -2.92%
Ashmore Group (ASHM) 308.60p -2.71%
Just Group (JUST) 90.15p -2.70%
Hay (HAS) 161.60p -2.65%

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