Cinema chain Cineworld posted the biggest gains on the London Stock Exchange today, with shares soaring by 21.43% after securing fresh liquidity.
Cineworld said it had agreed a £90m boost in its current revolving credit facility and was closing in on a further £57m, with an expectation to reopen most markets by July.
The FTSE 250-listed group ended the day at 93.84p, as shares rose to the highest level in a month.
Shares in flexible office provider IWG Group surged by 15.14% to 299.6p after raising £320m overnight, partly boosted by chief executive Mark Dixon’s own £91.3m backing.
As the market digested the news that Hammerson chief executive David Atkins is to step down, shares nudged up by 4.04% to 77.32p.
Housebuilders across the board enjoyed a boost in an upbeat market, with notable share price increases from Barratt Development, which posted a 5.81% jump to 532p; Taylor Wimpey, up 3.79% to 154.75p; and Persimmon, up 3.13% to 2,340p.
The FTSE 100 was up 1.2% to 6,218.79. The FTSE 250 rose 1.1% closing the day at 17,338.48.
To send feedback, e-mail emma.rosser@egi.co.uk or tweet @EmmaARosser or @estatesgazette
