5 FTSE 250 shares that jumped 4-12% today

4 min read | August 11, 2021 03:31 PM BST | By Abhijeet

Summary 

  • Equities are seemingly getting back on track with stocks nearing 52-week highs
  • FTSE 100 briefly surpassed 7,200 for the second time since Covid crash today
  • FTSE 250 managed to post a gain below 0.40% as a several components cracked
  • 4imprint Group shares surged nearly 12% to a fresh 52-week high on 11 August.

UK shares witnessed a low-to-moderate rise on Wednesday, 11 August, with a bunch of stocks registering sizable gains, pushing the benchmark indices further in green. The headline FTSE 100 briefly surpassed the psychological level of 7,200 for the second time since the Covid-steered stock market crash. Equities are seemingly getting back on track as the country somehow managed to contain the recent surge of Covid cases linked to the Delta variant.

Last time, the market index went beyond 7,200 for the first time since Covid crash in June of 2021, hitting a 52-week high of 7,217.54, respectively. On the other hand, the gains of mid-cap indicator FTSE 250 remained below 0.40% as a bunch of components cracked in the trade today. However, the stocks providing positive points stood higher with the top five gainers rising between 4 to 12% today.

4imprint Group Plc (LON: FOUR)

Shares of 4imprint Group emerged as the top gainers among the 250 components of FTSE 250 index on Wednesday. According to the London Stock Exchange, the stock of 4imprint Group surged as much as 11.89% to a fresh 52-week high of GBX 3,200 from the previous closing of GBX 2,860.

4imprint Group shares (11 August)

Image Source: EODHD/Others

The company has reported a revenue growth of 23% to $326.81 million in the first half of the present fiscal year, while the gross profit jumped to $3.37 million in H1 2021 as compared to 0.03 million in the first six months of last year. The London-headquartered marketer has announced an interim dividend of 15c per share.

Also Read | FTSE 100 trades in green lifted by travel stocks

Hill & Smith Holdings Plc (LON: HILS)

Shares of Hill & Smith Holdings rallied more than 6% and were the second-biggest gainers among the deck of FTSE 250 index. The stock registered an all-new lifetime high of GBX 1,768, rising as much as 6.38% from the last close of GBX 1,662 after the underlying operating profit of the UK-based infrastructure and transport corporation increased by 59% to £42.5 million in the first half ended 30 June 2021.

Hill & Smith shares (11 August)

Image Source: EODHD/Others

The company had posted an operating profit of £26.8 million in the H1 2020. Hill & Smith Holdings has declared an interim dividend of GBX 12 per share.

Capita Plc (LON:CPI)

Shares of the London-based business process outsourcer advanced more than 4% in the trade today, continuing the four-day rally. The stock of Capita gained a little over 4.5% to GBX 47.99 from the previous closing price of GBX 45.90. Interestingly, the shares of Capita have risen a little more than 35% in the last five trading sessions.

Capita shares (11 August)

Image Source: REFINITV

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Morgan Sindall Group Plc (LON: MGNS)

Shares of Morgan Sindall Group soared approximately 5% in the late afternoon deals on Wednesday. The stock of Morgan Sindall rose 4.78% to an intraday peak of 2,410 from the previous close of GBX 2,300 apiece. Following the sharp appreciation in the share prices, the stock is now hovering near its 52-week high, also the record high, of GBX 2,482.42.

Morgan Sindal shares (11 August)

Image Source: REFINTIV

Earlier yesterday, the group revealed additional listing plans under which the company will be increasing the ordinary shares by 78,000. The admission of additional equity shares is likely to come into effect from 12 August 2021.

Apax Global Alpha Ltd (LON:APAX)

Shares of Apax Global climbed over 4% in the mid-morning deals on Wednesday. The stock of the closed-ended investment corporation added as much as 4.05% to hit an intraday peak of GBX 218.50 from the last closing price of 210 apiece.

Apax Global shares (11 August)

Image Source: REFINTIV

Last week, the shares of Apax Global hit at least a four month high of GBX 219.79. The stock has apparently defeated the Covid slump as it registered a fresh lifetime peak of GBX 223 after breaking the pre-pandemic highs in December last year.


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