The FTSE 250 index declined sharply on Thursday after the hawkish statements by central bank governors and the dimming outlook of the economy. The index slipped by more than 1.45% and is trading at £18,645. The FTSE 100 slumped by 1.85%, while the DAX index dropped by over 2.35%. The same trend is happening in the US, where futures tied to the Dow Jones and Nasdaq 100 fell by more than 1%.
Top laggards in the FTSE 250 index
Most companies in the FTSE 250 index are in the red. According to Hargreaves Lansdown, Virgin Money, JLEN Environmental Assets, Capital Gearing, and Euromoney are the only companies soaring. All these shares have risen by less than 2%.
Aston Martin share price has crashed by over 6.30%, becoming the worst-performing stock in the FTSE 250 index. It is trading at 445p, which is its lowest level on record. The stock has fallen by more than 95% from its all-time high.
The other worst-performing stock in the FTSE 250 index is Liontrust Asset Management, which has fallen by 6.20%. The other notable laggards are Hochschild Mining, easyJet, Caledonia Investments, and Wizz Air. In addition, companies like Tate & Lyle, Oxford Instruments, and Weir Group have also slumped.