Investment accounts
Adult accounts
Child accounts
Choosing Fidelity
Choosing Fidelity
Why invest with us Current offers Fees and charges Open an account Transfer investments
Financial advice & support
Fidelity’s Services
Fidelity’s Services
Financial advice Retirement Wealth Management Investor Centre (London) Bereavement
Guidance and tools
Guidance and tools
Choosing investments Choosing accounts ISA calculator Retirement calculators
Shares
Share dealing
Choose your shares
Tools and information
Tools and information
Share prices and markets Chart and compare shares Stock market news Shareholder perks
Pensions & retirement
Pensions, tax & tools
Saving for retirement
Approaching / In retirement
Approaching / In retirement
Speak to a specialist Creating a retirement plan Taking tax-free cash Pension drawdown Annuities Investing in retirement Investment Pathways
FTSE 250 movers: Auction Technology continues rally
(Sharecast News) - FTSE 250 (MCX) 19,149.66 -0.12% Shares in Auction Technology Group continued to rally after the art and antique online marketplace operator said it expected annual results to be in line with expectations after an 11% increase in revenue for the first three months of the year.
The company on Tuesday said total came in at $43.9m, driven by the continued strong growth in value-added services offsetting the wider market dynamics in gross merchandise value that continued from the end of the 2023 financial year into 2024.
ATG still expects full-year organic revenue growth of 5 - 8% and adjusted core earnings margins to be maintained.
Watches of Switzerland was also in the black ahead of a trading update this week. Shares in the firm tanked two weeks ago after the luxury timepiece seller slashed its annual revenue guidance on the back of slumping demand for its luxury products and forecast of volatile trading conditions for the rest of the fiscal year.
Full-year 2024 revenue was now expected to be between £1.53bn - £1.55bn, compared with an earlier forecast of £1.65bn - £1.70bn, the company said. Shares plunged by a third at the time.
"Despite a positive start to the early part of the third quarter, WOSG then experienced a volatile trading performance in the run-up to and beyond Christmas, as the challenging macro-economic conditions impacted consumer spending in the luxury retail sector," the company said on January 18.
Howden Joinery and PZ Cussons were at the top of the losers board.
Market Movers
FTSE 250 - Risers
Helios Towers (HTWS) 77.90p 5.70% Auction Technology Group (ATG) 547.00p 4.99% Watches of Switzerland Group (WOSG) 375.60p 4.45% Pets at Home Group (PETS) 277.20p 2.90% Wizz Air Holdings (WIZZ) 2,248.00p 2.74% Polar Capital Technology Trust (PCT) 2,800.00p 2.38% Babcock International Group (BAB) 460.00p 2.22% Trustpilot Group (TRST) 180.20p 2.21% Foresight Group Holdings Limited NPV (FSG) 446.00p 2.06% Bakkavor Group (BAKK) 96.00p 1.69%
FTSE 250 - Fallers
Howden Joinery Group (HWDN) 774.20p -3.59% PZ Cussons (PZC) 124.60p -3.56% Hochschild Mining (HOC) 100.70p -2.89% Drax Group (DRX) 480.30p -2.50% Savills (SVS) 978.50p -2.44% Spirent Communications (SPT) 114.70p -2.38% OSB Group (OSB) 432.40p -2.30% Pennon Group (PNN) 678.00p -2.24% North Atlantic Smaller Companies Inv Trust (NAS) 3,670.00p -2.13% Volution Group (FAN) 419.40p -2.06%
Share this article
Related Sharecast Articles
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.
Award-winning online share dealing
Search, compare and select from thousands of shares.
Expert insights into investing your money
Our team of experts explore the world of share dealing.
Policies and important information
Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity, Equity & Inclusion | Doing Business with Fidelity | Diversity, Equity & Inclusion Reports | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Staying secure | Statutory and Regulatory disclosures | Whistleblowing programme
Please remember that past performance is not necessarily a guide to future performance, the performance of investments is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. This website does not contain any personal recommendations for a particular course of action, service or product. You should regularly review your investment objectives and choices and, if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Before opening an account, please read the ‘Doing Business with Fidelity’ document which incorporates our client terms. Prior to investing into a fund, please read the relevant key information document which contains important information about the fund.
This website is issued by Financial Administration Services Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) (FCA Register number 122169) and registered in England and Wales under company number 1629709 whose registered address is Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP.
