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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 provider Kainos rallied 2.6% to £14.49 as its annual profit more than doubled thanks to strong demand for digital transformation services. Food packing business Hilton Food gained 0.7% to £12.38 on announcing a strong start to the year that had put it on track to meet its profit expectations. ....
24 May 2021 | 16:36pm StockMarketWire.com - Bolstered by a rally in oil and bitcoin and a strong open on Wall Street, the FTSE 100 closed Monday up 0.5% at 7,051.59. By 4.30pm UK time the S&P 500 in the US was up 1.1% at 4,200.50 amid increasing optimism over the recovery Cinema group Cineworld firmed 3.2% to 89.6p 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 provider Kainos fell 1.6% to £13.89, erasing earlier gains, as its annual profit more than doubled thanks to strong demand for digital transformation services. ....