FTSE opens 0.2% higher as reopening hopes tempered by inflation fears | 24 May 2021
24 May 2021 | 08:32am StockMarketWire.com - UK stocks made modest gains in early dealings on Monday as local businesses continued to report a bounce back in trading activity after lockdowns eased. At 0820, the benchmark FTSE 100 index was up 15.56 points, or 0.2%, at 7.033.61. Cinema group Cineworld firmed 3.1% to 89.55p after it said ticket sales for its opening weekend in the UK exceeded its expectations, led by the success of 'Peter Rabbit 2: The Runaway'. Cineworld added that in the US, following the opening of an additional 167 cinemas, over 97% of its cinemas had resumed operations. IT ...