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WINNERS & LOSERS: WH Smith seeks capital, cuts outlook; Workspace down

10th Jun 2026 10:24

(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Wednesday.

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FTSE 100 winners

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Metlen Energy & Metals PLC, up 3.4% at EUR41.91

Associated British Foods PLC, up 2.6% at 1,938.75 pence

Tesco PLC, up 2.0% at 464.80p

Rolls-Royce Holdings PLC, up 1.7% at 1,245.60p

Admiral Group PLC, up 1.5% at 3,389.00p

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FTSE 100 losers

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Relx PLC, down 2.4% at 2,539.00p

Endeavour Mining PLC, down 2.3% at 3,722.00p, gold miner falls alongside gold price

Experian PLC, down 2.3% at 2,560.00p, Deutsche Bank Research cuts price target

St James's Place PLC, down 2.0% at 1,120.75p

Sage Group PLC, down 1.9% at 835.60p

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FTSE 250 winners

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Energean PLC, up 3.5% at 745.50p

Oxford Instruments PLC, up 2.8% at 2,876.00p, Deutsche Bank Research raises price target

Keller Group PLC, up 2.0% at 2,507.00p, continues to rise after contract variation order

Grainger PLC, up 2.0% at 162.60p

Sirius Real Estate Ltd, up 1.7% at 97.70p

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FTSE 250 losers

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WH Smith PLC, down 19% at 400.60p, cuts outlook and plans capital raise

Raspberry Pi Holdings PLC, down 12% at 838.50p

Ceres Power Holdings PLC, down 4.7% at 580.75p, raises GBP103 million via share offer

Workspace Group PLC, down 3.3% at 322.30p, swings to loss and cuts dividend

SSP Group PLC, down 2.7% at 162.05p

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FTSE 100 & 250 movers in focus:

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WH Smith PLC, down 19% at 400.60p, 12-month range 395.00p-1,132.00p. The Swindon, England-based travel retailer plans to raise further funds as it lowers its full-year profit guidance again. It now expects to deliver headline pretax profit before non-underlying items of between GBP75 million and GBP90 million for the financial year ending August 31, down from GBP108 million in the year prior. It is the second outlook cut in three months. In April, WH Smith reduced guidance to between GBP90 million and GBP105 million from GBP100 million and GBP115 million previously. WH Smith says the latest guidance cut reflects the ongoing uncertainty from the Middle East conflict and pressures on gross margins, including the recent deterioration in the North America division. The company announces a capital raise, including a placing of up to around 26 million new shares, representing 20% of its share capital. At Wednesday's share price, the placing would raise around GBP104 million. In addition, there will be a subscription by directors and a retail offer.

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Ceres Power Holdings PLC, down 4.7% at 580.75p, 12-month range 76.70p-872.50p. The Horsham, England-based clean energy technology developer raises gross proceeds of GBP103 million with a non-pre-emptive offer of 17.8 million new shares at 570.0p each. "The new funds present a clear opportunity to capitalise on commercial momentum for Ceres technology and ensure we are well placed for the future," says Chief Executive Officer Phil Caldwell.

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Workspace Group PLC, down 3.3% at 322.30p, 12-month range 312.00p-434.38p. The London-based flexible workspace provider swings to a pretax loss of GBP120.5 million in the financial year that ended March 31 from a profit of GBP5.4 million the prior year. Revenue decreases by 2.1% to GBP181.4 million, as net rental income slips 7.1% to GBP113.4 million. It also books a GBP159.2 million loss in fair value of its property portfolio, widened from a GBP55.9 million loss a year earlier. Workspace cuts its final dividend by 12% to 16.7p per share from 19.0p on-year, which brings the year's total dividend down 8.1% to 26.1p from 28.4p. Chief Executive Charlie Green says: "The past year has been one of transition, both operationally and in our leadership, and that process continues as we reshape the business."

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Endeavour Mining PLC, down 2.3% at 3,722.00p, 12-month range 2,164.00p-5,620.00p. The London-based gold producer falls as the price of gold decreases. Gold was lower at USD4,167.81 an ounce early on Wednesday from USD4,270.69 late Tuesday.

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Oxford Instruments PLC, up 2.8% at 2,876.00p, 12-month range 1,682.00p-3,318.00p. The Buckinghamshire, England-based high-technology instruments company partially rebounds after falling 9.1% on Tuesday. The stock fell after reporting mixed annual results. Pretax profit climbed 53% to GBP58.5 million in the financial year that ended March 31, but revenue fell 4.6% to GBP423.2 million. On Wednesday, Deutsche Bank Research raises its price target for the company to 3,450p from 2,900p. It maintains a 'buy' rating on the stock.

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By Michael Hennessey, Alliance News reporter

Comments and questions to [email protected]

Copyright 2026 Alliance News Ltd. All Rights Reserved.


Related Shares:

Metlen EnergyAB FoodsTescoRolls-RoyceAdmiralRelxEndeavour MiningExperianSt James's PlaceSage GroupEnergean Oil & GasOxford InstrumentsKellerGrainger plcSirius Real EstateWh SmithRaspberry PiCeres PowerWorkspaceSSP Group
FTSE 100 Latest
Value10,181.27
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