(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.
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SMALL-CAP - WINNERS
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Hostelworld Group PLC, up 3.8% at 105.89 pence, 12-month range 38.8p-119.8p. Travel stocks gain on Friday as UK holidaymakers rush to book summer getaways after government announces easing of restrictions. Transport Secretary Grant Shapps told MPs on Thursday that UK holidaymakers who have received two jabs from the NHS will no longer be required to self-isolate for 10 days on their return to England from destinations on the amber list. Travel firm Skyscanner said 30 minutes after the announcement, the agency saw a 53% increase in traffic from the UK compared to the same time on Wednesday. British Airways parent International Consolidated Airlines rises 1.9% and easyJet by 2.2%.
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MJ Gleeson PLC, up 3.5% at 900p, 12-month range 512.5p-904.69p. The housebuilder says annual results will top market expectations and match pre-virus levels. Says pretax profit for the financial year ended June 30 will be in line with two years earlier. MJ Gleeson posted pretax profit of GBP41.2 million in financial 2019, on revenue of GBP249.9 million. In financial 2020, revenue dropped 41% to GBP147.2 million, with pretax profit tumbling 86% to GBP5.6 million. Chief Executive Officer James Thomson says: "I am pleased to announce that pretax profit is expected to be in line with that achieved in 2019, our last financial year before the impact of the pandemic."
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By Lucy Heming; lucyheming@alliancenews.com
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International Airlines (IAG)
Hostelworld (HSW)
easyJet (EZJ)
MJGleeson (GLE)