Inventory markets proceed to tumble as fears over contemporary US commerce tariffs develop. Regardless of its excessive focus of UK-focused shares, the FTSE 250 index is now — at 19,786 factors — down round 600 factors over the previous week.

It’s gloomy on the market, as worries about financial stagnation and reignited inflation collect tempo. I wouldn’t be shocked if share indexes maintain falling within the close to time period.

But I’m not planning to cease shopping for UK shares, trusts, and funds for my portfolio. In actual fact, I’m maintaining my eye out for bargains as spooked traders promote up. Buying high quality shares at knock-down costs at the moment can supercharge my returns when the market finally recovers.

Listed here are two from the FTSE 250 that I’m at present contemplating shopping for for my Shares and Shares ISA.

TBC Financial institution

TBC Financial institution (LSE:TBCG) — like all monetary providers firm — is susceptible to a pointy slowdown within the international economic system. However I imagine that is greater than mirrored within the rock-bottom valuation of its shares.

For 2025, it trades on a price-to-earnings (P/E) ratio of 5.5 instances. And its P/E-to-growth (PEG) ratio is 0.3, created by Metropolis predictions of a 20% bottom-line rise. Any studying beneath one signifies {that a} share is undervalued.

In the meantime, TBC’s ahead dividend yield is 6.4%, including a sweetenener for worth traders.

This FTSE 250 share presents banking providers in Eurasia. It generates the lion’s share from Georgia, and following current enlargement additionally has operations in Uzbekistan.

Monetary product penetration in these territories is low. And with each economies rising strongly, demand for banking providers is equally hovering.

TBC’s mortgage e-book and deposits grew 14.2% and eight.1% respectively in 2024 (at fixed currencies). As a consequence, internet revenue rose 14.7% yr on yr to 1.3bn Georgian lari.

Given its big addressable markets — and the sturdy progress it’s making to digitalise its operations — I feel TBC might be among the best financial institution shares to think about at the moment.

Ibstock

I already personal Ibstock (LSE:IBST) shares on my portfolio. And I’m contemplating upping my stake given how low-cost it appears to be like relative to predicted earnings progress.

The brickmaker is tipped to get pleasure from earnings progress of 27% in 2025. This leaves it buying and selling on a ahead PEG ratio of 0.6.

Although they’ve perked up in current days, Ibstock shares are down closely during the last 4 months. This displays fears that rates of interest might not fall as sharply as hoped, denting homebuyer affordability and consequently building charges.

Whereas it is a substantial threat, I feel that — on steadiness — the outlook is fairly vivid for the FTSE 250 firm. It mentioned final week that gross sales volumes up to now in 2025 had been up yr on yr, and predicted “momentum building through the year.”

This maybe isn’t shocking given the resilience of the housing market. Recent financials from Persimmon on Tuesday (11 March) confirmed internet personal weekly gross sales per outlet up 14% within the first 9 weeks of the yr.

Whereas rate of interest dangers stay, I’m anticipating circumstances to stay supportive in Ibstock’s finish markets as inflation strikes broadly decrease.