FTSE 250 Mover: Greggs on a Reel; Providence collapses

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  FTSE 250 Mover: Greggs on a Reel;  Providence collapses

Forward-looking finances slumped after more than 100 years when the sub-prime lender slumped to an annual loss of £ 113.5 million.

Go the other way Greggs was the standout winner as annual earnings could be similar to 2019 and would likely significantly exceed boardroom expectations after like-for-like sales picked up again following the relaxation of Covid-19 restrictions.

Polymer manufacturer Victrex was also in the black as interim profits declined as medical technology weighed on sales but issued a dividend.

Self-storage company Safestore after a solid second quarter as it raised its earnings forecast.

Cinema world was among the climbers as the cinema chain prepares to reopen its doors next week.

FTSE 250 – risers

Greggs (GRG) 2,614.00p 11.47%
Victrex plc (VCT) 2,564.00p 8.46%
Safestore stocks (SAFE) 939.50p 7.99%
Big yellow group (BYG) 1,286.00 p 4.47%
Ferrexpo (FXPO) 494.80p 3.21%
Generic group (GEN) 585.00p 3.17%
Great Portland Estates (GPOR) 739.00p 3.07%
Cineworld Group (CINE) 94.96p 2.64%
BlackRock World Mining Trust (BRWM) 689.00p 1.92%
Morrison (Wm) Supermarkets (MRW) 182.65p 1.90%

FTSE 250 – Faller

Baillie Gifford US Growth Trust (USA) 288.50p -6.18%
Allianz Technology Trust (ATT) 266.00p -5.84%
Edinburgh Worldwide Inv Trust (EWI) 318.00p -4.07%
Airtel Africa (AAF) 78.20p -3.81%
Playtech (PTEC) 476.40p -3.72%
Just Eat Takeaway.Com NV (CDI) (JET) 6,860.00 p -3.53%
Fidelity China Special Situations (FCSS) 402.50p -3.48%
Polar Capital Technology Trust (PCT) 2,184.00p -3.36%
Financial provision (PFG) 249.60p -3.33%
Meggitt (MGGT) 482.70p -3.09%