FTSE 250 movers: Travel issues drag on second-tier index, Cineworld gains
Cineworld Group
0.38p
08:19 28/07/23
Travel-related issues were at the bottom of the pile on the second-tier index on Monday, as governments around the world, including the US and UK, moved to tighten restrictions on foreigners arriving from virus hot spots.
easyJet
539.20p
12:54 25/04/24
FTSE 250
19,725.46
12:55 25/04/24
FTSE 350
4,446.07
12:55 25/04/24
FTSE All-Share
4,399.69
12:55 25/04/24
Travel & Leisure
7,598.65
12:55 25/04/24
In the case of the UK, there was talk that Downing Street would require travellers to quarantine in a hotel for 10 days, as a means of enforcing quarantine rules, at their own expense.
On the back of the news, shares of SSP Group, WH Smith, Easyjet and Carnival were all lower, together with a drop in those of Meggitt.
Going the other way, stock in Cineworld topped the leaderboard as a majority of the company's shareholders backed the firm's proposed bonus scheme.
Worth noting as well, the number of daily new Covid-19 infections was still falling in the UK, having dropped by 38% over the past two weeks, according to Pantheon Macroeconomics.
More importantly, the country was now vaccinating 0.9% of its adult population every dat.
"At that pace, herd immunity will be reached by May."
Market Movers
FTSE 250 (MCX) 20,350.41 -1.20%
FTSE 250 - Risers
Cineworld Group (CINE) 69.00p 4.39%
Sirius Real Estate Ltd. (SRE) 90.00p 4.05%
Petrofac Ltd. (PFC) 107.00p 3.83%
Oxford Biomedica (OXB) 977.00p 2.94%
PZ Cussons (PZC) 237.50p 2.81%
JTC (JTC) 592.00p 2.78%
Domino's Pizza Group (DOM) 345.40p 2.25%
Ninety One (N91) 234.00p 2.18%
Helios Towers (HTWS) 156.60p 2.09%
Sanne Group (SNN) 553.00p 2.02%
FTSE 250 - Fallers
SSP Group (SSPG) 307.40p -8.02%
Energean (ENOG) 817.00p -7.96%
WH Smith (SMWH) 1,593.00p -7.65%
ITV (ITV) 99.24p -6.72%
easyJet (EZJ) 725.40p -6.66%
Carnival (CCL) 1,185.00p -6.51%
Wood Group (John) (WG.) 278.00p -5.70%
Aggreko (AGK) 589.50p -5.45%
Meggitt (MGGT) 395.90p -5.22%
Beazley (BEZ) 327.00p -5.16%