FTSE 250 Mover: Win Leisure Stocks; Money market affected by downgrade


The London FTSE 250 rose 1.8% in afternoon trading on Monday to 21,416.55.

Travel and leisure stocks hit by the Covid-19 pandemic have been the biggest winners in hopes that the rapid adoption of vaccines will lead to more normal lives by spring.

National Express, WH Smith, Cineworld, Owner of the mall Hammerson, Pub group Mitchells & Butlers, Travel company TUI, FirstGroup, easyJet, Marks & Spencer and Upper Crust owners SSP all rose.

Mitchells & Butlers was also in focus after announcing that it would raise £ 350m through an open offer and had reached an agreement with its banks on a new three-year unsecured revolving credit facility of £ 150m to balance the balance sheet strengthen.

On the bottom, Money market was lowered by a downgrade to “hold” from “buy” at Liberum, indicating that tighter regulation of home and car insurance and increased competition will weigh on the company’s profits.

FTSE 250 riser

National Express Group (NEX) 317.60p 11.05%
WH Smith (SMWH) 1,693.00p 9.37%
Cineworld Group (CINE) 81.10p 8.42%
Hammerson (HMSO) 22.98p 8.35%
Mitchells & Butlers (MAB) 355.00p 8.07%
TUI AG Reg Shs (DI) (TUI) 342.40p 8.01%
First group (FGP) 83.55p 7.18%
easyJet (EZJ) 816.20p 6.64%
Marks & Spencer Group (MKS) 139.00p 6.64%
SSP Group (SSPG) 318.00p 6.43%

FTSE 250 – Faller

Micro Focus International (MCRO) 445.50p -4.50%
Cranswick (CWK) 3,526.00p -0.84%
Spirent Communications (SPT) 251.50p -0.79%
Just Eat Takeaway.Com NV (CDI) (JET) 7,868.00p -0.78%
Aston Martin Lagonda Global Holdings (AML) 2,120.00 p -0.75%
Sequoia Economic Infrastructure Income Fund Limited (SEQI) 108.20p -0.73%
Sanne Group (SNN) 577.00p -0.69%
Moneysupermarket.com Group (MONY) 265.20p -0.67%
CMC Markets (CMCX) 419.50p -0.59%
Dechra Pharmaceuticals (DPH) 3,746.00p -0.58%