FTSE 250 movers: Investors get taste for Domino's but Cineworld a horror show

(Sharecast News) - London's FTSE 250 was down 1.10 at 22,529.36 in afternoon trade on Wednesday.
Domino's Pizza made gains on expectations it will get a boost from any further restrictions over the Christmas period.

Carnival Corp shares were up as the cruise line company said the impact from new coronavirus variants could be shortlived based on demand for cruises late next year and 2023 and despite the Omicron surge hitting near-term bookings.

Carnival forecast a net loss for the first half of 2022 before turning profitable in the second half.

Cash from operations turned positive in the month of November, Carnival's Chief Executive Officer Arnold Donald said, adding the cruise operator expects positive cash flow beginning in the second quarter of 2022.

Cineworld led the fallers on reports that short sellers had lined up more bets against the heavily indebted cinema chain, amid concern at the huge damages it has been ordered to pay to Canadian rival Cineplex.

Around 16% of Cineworld shares are on loan to short sellers, according to IHS Markit. Traders have continued to place bets against the company even after its shares plunged 39% last week after a Canadian court ordered Cineworld to pay £722m in damages to Cineplex for aborting a takeover last year.



FTSE 250 - Risers

Moneysupermarket.com Group (MONY) 213.60p 4.71%
Oxford Biomedica (OXB) 1,108.00p 3.75%
BH Macro Ltd. GBP Shares (BHMG) 3,850.00p 2.39%
Watches of Switzerland Group (WOSG) 1,372.00p 2.39%
Domino's Pizza Group (DOM) 438.00p 1.86%
Premier Foods (PFD) 108.40p 1.69%
Auction Technology Group (ATG) 1,402.00p 1.59%
Indivior (INDV) 255.80p 1.59%
Carnival (CCL) 1,263.00p 1.38%
Future (FUTR) 3,538.00p 1.14%

FTSE 250 - Fallers

Cineworld Group (CINE) 31.26p -7.19%
WH Smith (SMWH) 1,331.50p -4.89%
Trustpilot Group (TRST) 300.80p -4.87%
Darktrace (DARK) 399.60p -4.86%
TBC Bank Group (TBCG) 1,538.00p -4.35%
Bytes Technology Group (BYIT) 540.50p -4.34%
Capital & Counties Properties (CAPC) 157.80p -4.01%
Capita (CPI) 34.59p -3.86%
Petropavlovsk (POG) 20.54p -3.84%
Ibstock (IBST) 193.10p -3.83%