FTSE 250 closes at record high – AJ Bell comment

Danni Hewson
7 April 2021

“The FTSE 250 is riding an optimism fuelled wave as the UK gears up for life after lockdown,” comments Danni Hewson, financial analyst at AJ Bell.  “Companies as varied as Carnival Cruises, shopping centre owner Hammerson and Upper Crust owners SSP all bounded higher today as investors embraced a new-found confidence that the new normal is out of date.  The country’s supercharged vaccine rollout coupled with confirmation that the roadmap out of lockdown doesn’t require any last-minute detours just yet is fostering belief that the recovery is sustainable this time.  There may be a few speed bumps ahead but at least we’ll take them with neatly groomed hair.”

Best FTSE 250 performers this year

Name

Total return

Gamesys Group PLC

70.1

Tullow Oil PLC

68.9

Cineworld Group PLC

64.7

Mitie Group PLC

59.3

Just Group PLC

50.4

Ferrexpo PLC

48.8

888 Holdings PLC

47.5

Royal Mail Group PLC

46.6

Hammerson PLC

43.9

Virgin Money UK PLC

43.6

Worst FTSE 250 performers this year

Hiscox Ltd

-12.1

Coats Group PLC

-12.3

Centamin PLC

-13.2

Wood Group (John) PLC

-14.6

TBC Bank Group PLC

-14.7

Cairn Energy PLC

-17.4

Babcock International Group PLC

-18.4

AO World PLC

-23.5

Petropavlovsk PLC

-24.4

Provident Financial PLC

-26.9

Source: Sharepad - 31/12/2020 to close 06/04/2021

Danni Hewson
Financial Analyst

Danni spent more than 19 years at the BBC, presenting and reporting on business news across a variety of programmes – including BBC Breakfast, BBC News Channel, BBC Look North and latterly Radio 5 Live’s flagship business programme ‘Wake up to Money’. She is now responsible for producing analysis and commentary across a broad range of subjects at AJ Bell, from financial markets, to economics and personal finance.

Contact details

Mobile: 07593 451 437
Email: danni.hewson@ajbell.co.uk

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