FTSE 250 movers: Travel and leisure-related stocks jump, gold miners retreat
Leisure and Travel-related stocks paced gains on the second-tier index at the start of the week, after AstraZeneca and Oxford University presented interim clinical trial data showing 70% efficacy for the Covid-19 vaccine candidate.
What's more, one of the doses being studied appeared to boost the result to as high as 90%, they said.
All companies had a lot to gain from a return to normality, that was even truer for the likes of Cineworld, TUI AG, Easyjet, Mitchells&Butlers or Workspace as was duly reflected in their share price gains on Monday.
Against that backdrop, shares of Cineworld, in particular, were wanted, following news that it had secured a new $450m debt facility and that its creditors had agreed to waive its debt covenant until June 2022.
Going the other way, shares of Centamin, Hochschild Mining and Petropavlovsk were all lower as risk appetite in financial markets improved and gold futures headed the other way.
As of 1555 GMT, February-dated gold was down 2.03% at $1,840 per metric tonne on COMEX.
Market Movers
FTSE 250 (MCX) 19,555.16 0.25%
FTSE 250 - Risers
Cineworld Group (CINE) 56.22p 21.98%
Capita (CPI) 46.29p 8.74%
TUI AG Reg Shs (DI) (TUI) 470.00p 7.70%
Mitchells & Butlers (MAB) 232.00p 6.42%
easyJet (EZJ) 779.60p 6.39%
Aston Martin Lagonda Global Holdings (AML) 77.95p 6.34%
Petrofac Ltd. (PFC) 154.20p 5.62%
Sirius Real Estate Ltd. (SRE) 87.90p 5.27%
Workspace Group (WKP) 709.00p 5.11%
CMC Markets (CMCX) 422.50p 5.10%
FTSE 250 - Fallers
Investec (INVP) 181.65p -5.19%
Diploma (DPLM) 2,212.00p -4.08%
The Renewables Infrastructure Group Limited (TRIG) 127.40p -3.78%
ICG Enterprise Trust (ICGT) 872.00p -3.54%
Centamin (DI) (CEY) 110.40p -3.41%
Hochschild Mining (HOC) 218.80p -3.10%
Grainger (GRI) 297.00p -2.94%
JTC (JTC) 546.00p -2.85%
Petropavlovsk (POG) 25.95p -2.81%
Shaftesbury (SHB) 514.00p -2.65%