leadf
logo-loader
viewCineworld Group PLC

Market report: FTSE descends as nerves gather ahead of Chancellor Rishi Sunak’s new plan

There’s a sense of nervousness this morning in London, with a lower FTSE ahead of Chancellor Rishi Sunak’s plan to be unveiled later on today aimed at avoiding further unemployment as stricter Covid-19 restrictions come into force and to replace the furlough scheme next month.

Cineworld (LON:CINE) has reported a £1.3bn loss for the first half of the year because of the Covid-19 crisis, raising doubts over its ability to survive a second lockdown.

United Utilities Group PLC (LON:UU.) has said its profit are expected to be lower than the first half of last year due to lower water consumption from businesses.

Meanwhile Pet’s at Home (LON:PETS) has raised profit expectations after a strong summer. Profit are estimated to be ahead of market expectation for £73mln.

Integumen PLC (LON:SKIN) has unveiled a new coronavirus breath test, which it says has the potential to enable instant real-time testing for the virus. Directa Plus PLC (LON:DCTA) saw its first-half revenues treble despite the Covid-19.

And Trident Royalties (LON:TRR) has announced an acquisition plan - referred to as the Lake Rebecca Gold Project - there’s an interview up on proactiveinvestors.com with CEO Adam Davidson now.

Quick facts: Cineworld Group PLC

Price: 29.18 GBX

AIM:CINE
Market: AIM
Market Cap: £400.58 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Touchstone Exploration presents at the One2One Proactive virtual conference

Touchstone Exploration's (LON:TXP) Paul Baay pitches to investors at the Proactive One2One virtual conference. Touchstone Exploration Inc. is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. It is one of the largest...

2 days, 15 hours ago

2 min read