9th Apr 2021 11:02
(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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Marston's, up 1.7% at 101.70 pence, 12-month range 28.34p-140.18p. Berenberg raises the pub operator to Buy from Hold.
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Hunting, up 1.5% at 278.50p, 12-month range 120.1p-297p. Bank of America upgrades the energy services firm to Buy from Neutral.
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SMALL-CAP - LOSERS
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On the Beach, down 7.9% at 391.50p, 12-month range 200.5p-517p. Liberum downgrades travel operator to Hold from Buy. In addition, travel stocks are under pressure amid lack of clarity from the UK government over the prospects for international travel heading into the summer. The UK government is expected to allow quarantine-free travel from May 17 to a small number of "green-listed" countries that have a high level of vaccinations. Under the plans, those returning from "amber" and "red" countries will need to quarantine on their return to the UK.
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Jet2, 4.5% lower at 1,316.00p, 12-month range 429.8p-1,524p. The budget airline extends the suspension of its flights and holidays until June 23 because of "continued uncertainty" over the UK government's travel plans.
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By Arvind Bhunjun; [email protected]
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