Wednesday 7 April 2021 5:46 pm

FTSE 250: The best and worst performers ranked as index hits record high

It’s been a stellar week for the FTSE 250, which today soared to record highs as stocks rode a wave of optimism ahead of a further easing of lockdown measures.

The domestically-focused index closed up 0.76 per cent at 22,160 points — an all-time high — as investors were buoyed by the reopening of pubs and restaurants next week, as well as the continued success of vaccine rollouts.

It comes after the FTSE 250 yesterday recovered its pandemic losses, climbing back to the level held before last February’s sell-off.

Optimism around the reopening of retail and hospitality venues from 12 April helped drive up shares in stocks such as shopping centre owner Hammerson, Upper Crust parent company SSP and Carnival Cruises.

Here’s a rundown of the best and worst performing FTSE 250 stocks so far this year:

Read more: FTSE 100 closes on the brink of pre-pandemic levels as Wall Street treads water

Best performing FTSE 250 stocks:

NameTotal return
Gamesys Group PLC70.1
Tullow Oil PLC68.9
Cineworld Group PLC64.7
Mitie Group PLC59.3
Just Group PLC50.4
Ferrexpo PLC48.8
888 Holdings PLC47.5
Royal Mail Group PLC46.6
Hammerson PLC43.9
Virgin Money UK PLC43.6
Source: AJ Bell/Sharepad

Worst performing FTSE 250 stocks:

NameReturn
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: AJ Bell/Sharepad

Read more: UK PMIs: Service sector returns to growth as lockdown end nears

“The FTSE 250 is riding an optimism fuelled wave as the UK gears up for life after lockdown,” said Danni Hewson, financial analyst at AJ Bell. 

“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.”

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