The FTSE 250 Index is a capitalisation-weighted index which includes 250 significant companies quoted on the London Stock Exchange. The FTSE 250 Index is calculated in real-time, and the data is available in every 60 seconds. Till April 2020, the FTSE 250 index performance in the last three months’ showed losses of 33.3 per cent as compared to 26.8 per cent for the FTSE 100 Index. As per the data available, the FTSE 250 Index had considerably underperformed its larger peer FTSE 100 Index in last quarter has been performing at par to the FTSE 100 in the last one-year metrics. Though, it also shows that the small-cap index suffered heavily since the coronavirus sell-off started in February 2020. The financials, consumer services and industrials sector of the FTSE 250 index has accounted for more than 80 per cent of the slump in the index during the novel coronavirus crisis. The pandemic has wreaked havoc on share markets all over the globe. It was not only the Coronavirus which led the slump in the more domestically oriented FTSE 250 index, but the slump in international crude prices along with sharp depreciation Sterling pound that had devastated the performance of the FTSE 250 Index. As on 29th May 2020, the FTSE 250 Index closed at 17,402.96 points down by 1.70 per cent. As the government has started its phased lockdown easing, the markets have started improving, also the crude oil prices have strengthened, and the currency too has started showing signs of appreciation with the restart of the economic activity, which could lead to further improvement in the markets and FTSE 250 index as well.
Let’s discuss earnings of Two FTSE 250 Index stocks- TR Property Investment Trust Plc & GCP Infrastructure Investments Limited.
Overview of TR Property Investment Trust Plc