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FTSE 250 movers: Raspberry Pi stays in favour

(Sharecast News) - FTSE 250 (MCX) 20,763.06 -0.03%

Low-cost micro computer maker Raspberry Pi continued to rally after it on Monday posted better than-expected interim profit in its maiden results as a listed company, sending shares in the firm higher.

Adjusted core earnings rose 55% to $21m, beating internal expectations, while on a pre-tax basis, profits were flat at $10.8m. Revenues surged 61% to $144m.

Mining companies were higher as China announced a second round of stimulus measures, with Hochschild Mining, Centamin and Ithaca Energy all up.

4Imprint led the fallers.

Market Movers

FTSE 250 - Risers

Raspberry PI Holdings (RPI) 396.30p 6.76% PureTech Health (PRTC) 146.80p 3.53% Hochschild Mining (HOC) 187.60p 2.85% Ashmore Group (ASHM) 204.60p 2.76% Watches of Switzerland Group (WOSG) 417.60p 2.76% Dr. Martens (DOCS) 55.00p 2.61% Quilter (QLT) 133.20p 2.46% Ithaca Energy (ITH) 107.50p 2.38% Keller Group (KLR) 1,640.00p 2.24% Centamin (DI) (CEY) 157.30p 2.21%

FTSE 250 - Fallers

4Imprint Group (FOUR) 4,975.00p -3.96% Harworth Group (HWG) 184.00p -3.41% Just Group (JUST) 137.80p -2.82% SThree (STEM) 365.50p -2.53% JTC (JTC) 1,048.00p -2.24% Elementis (ELM) 154.80p -2.03% PZ Cussons (PZC) 89.70p -1.86% Aston Martin Lagonda Global Holdings (AML) 157.00p -1.81% North Atlantic Smaller Companies Inv Trust (NAS) 3,970.00p -1.49% Ocado Group (OCDO) 351.90p -1.48%

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

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