(Sharecast News) - FTSE 250 (MCX) 22,991.65 -0.92%

Renishaw shares jumped on Monday after the UK engineering group lifted earnings and revenue guidance for the second time in three months on the back of "particularly strong" demand from customers, boosting its order book.

The company now expects annual revenue of £775m to £805m and adjusted profit before tax of £145m to £165m compared with upgraded guidance of £740m - £780m and £132m - £157m given in February. Shares in the firm were up 7% at one point in London trade against a falling market.

Renishaw said there had been a "substantial" expansion in its order book from the semiconductor and electronics manufacturing equipment, and defence & aerospace sectors.

"We are actively managing the challenges and increasing costs imposed by ongoing economic and geopolitical uncertainties and supply chain pressures," it added in a trading statement on Monday.

Ithaca, Harbour Energy and Diversified Energy also racked up strong gains as crude oil prices rose in response to renewed tensions between Iran and the US. Budget airline Wizz Air - sensitive to fuel price movements - fell

Fintech group Plus500 advanced as it bumped up its full-year profit outlook following a "strong" first-quarter performance.

Housebuilders were also under pressure, with Vistry and Bellway lower, along with brickmaker Ibstock.

FTSE 250 - Risers

Renishaw (RSW) 4,468.00p 7.25%

Ithaca Energy (ITH) 246.50p 3.87%

Plus500 Ltd (DI) (PLUS) 4,616.00p 3.73%

Harbour Energy (HBR) 269.40p 3.14%

Telecom Plus (TEP) 1,404.00p 3.08%

Computacenter (CCC) 3,374.00p 2.93%

AO World (AO.) 94.70p 2.92%

Diversified Energy Company (DI) (DEC) 1,128.00p 2.91%

Spire Healthcare Group (SPI) 168.20p 2.44%

AEP Plantations (AEP) 1,810.00p 2.14%

FTSE 250 - Fallers

Ibstock (IBST) 107.20p -5.63%

Raspberry PI Holdings (RPI) 632.00p -4.96%

Playtech (PTEC) 406.60p -4.91%

Vistry Group (VTY) 351.20p -4.46%

Workspace Group (WKP) 336.00p -4.16%

Wizz Air Holdings (WIZZ) 997.50p -4.09%

Oxford Nanopore Technologies (ONT) 121.80p -3.79%

Greencoat UK Wind (UKW) 95.80p -3.37%

Close Brothers Group (CBG) 480.80p -3.22%

Bellway (BWY) 2,026.00p -2.87%