Stock market today: What happened to the stock market today and why are stocks down? | City & Business | Finance

0

Smaller companies also saw their stock performance improve with cinema chain Cineworld seeing its stocks gain 9.5 percent.

Cinemas across the country are due to reopen from May 17 according to Mr Johnson’s roadmap.

SSP Group surged 17 percent after investors anticipated an increase in sales at its Upper Crust and Caffè Ritazza stores once holidaymakers and commuters return to airports and railway stations.

Stocks in alcohol firm C&C Group rose by nine percent as Britons began to prepare for the chance to resume drinking activities from April 12 in outdoor settings and May 17 in indoor settings.

HSBC Holdings Plc jumped by 0.8 percent, alongside other banking stocks, despite lowering its long-term profitability target.

Barclays and Lloyds Banking Group also reported increases of 3.1 percent and two percent respectively.

FOLLOW US ON GOOGLE NEWS

 

Read original article here

Get real time updates directly on you device, subscribe now.