2nd Aug 2022 10:37
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.
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SMALL-CAP - WINNERS
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ProCook Group PLC, up 15% at 40.50 pence, 12-month range 30.60p-166.00p. The stock is on-track for its largest one-day share price jump since the pots and pans maker's listing back in November. Shares are down over 70% since the start of the year, however, as consumer confidence pressures have hit its outlook.
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EnQuest PLC, up 15% at 40.50 pence, 12-month range 30.60p-166.00p. The oil and gas producer in the UK North Sea and Malaysia hails a "good start to the year". Average net output in the six months to June climbs 8% year-on-year to 49,726 barrels of oil equivalent per day. Guidance for net between 44,000 and 51,000 boepd for 2022 is left unchanged.
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SMALL-CAP - LOSERS
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On The Beach Group PLC, down 4.8% at 102.60p, 12-month range 101.80p-402.00p. The stock hit this 12-month low on Tuesday, as airport disruption continues to hit the travel sector. International Consolidated Airlines Group SA's British Airways has reportedly suspended selling short-haul flights from Heathrow for at least a week. The Times reported BA suspended ticket sales for domestic and European services until and including Monday to comply with Heathrow's cap on passenger numbers, with the airport announcing last month no more than 100,000 daily departing passengers are permitted until September 11.
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By Eric Cunha; [email protected]
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