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Market Reports

FTSE 250 movers: Spirent gains; Close Bros slips

By Frank Prenesti

Date: Monday 02 Dec 2024

LONDON (ShareCast) - (Sharecast News) - FTSE 250 (MCX) 20,763.95 -0.04%


Shares in Spirent Communications as the company said the French, German and UK governments had approved its £1.2bn takeover by Keysight Technologies.

Keysight is proposing to divest Spirent's high-speed ethernet and network security business lines and had started a competitive auction process with a view to completing a sale of the divestment business simultaneously with the acquisition becoming effective, Spirent said.

CMC Markets and Watches of Switzerland were also at the top of the FTSE 250 leaders list.

Close Bros and Dr Martens were in the red, with both down more than 3%.



Market Movers

FTSE 250 - Risers

Spirent Communications (SPT) 179.70p 4.90%
CMC Markets (CMCX) 289.00p 4.52%
Watches of Switzerland Group (WOSG) 485.80p 4.47%
Bakkavor Group (BAKK) 141.50p 2.91%
TP Icap Group (TCAP) 270.00p 2.86%
ICG Enterprise Trust (ICGT) 1,326.00p 2.63%
Burberry Group (BRBY) 921.80p 2.63%
Bodycote (BOY) 636.00p 2.58%
Johnson Matthey (JMAT) 1,393.00p 2.50%
Me Group International (MEGP) 224.00p 2.28%

FTSE 250 - Fallers

Close Brothers Group (CBG) 216.00p -3.49%
Dr. Martens (DOCS) 66.85p -3.12%
PureTech Health (PRTC) 162.00p -2.88%
Indivior (INDV) 861.50p -2.66%
Great Portland Estates (GPE) 295.50p -2.15%
Wizz Air Holdings (WIZZ) 1,264.00p -1.79%
AJ Bell (AJB) 466.50p -1.69%
Big Yellow Group (BYG) 1,054.00p -1.68%
XPS Pensions Group (XPS) 354.00p -1.67%
Hochschild Mining (HOC) 210.50p -1.64%

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