Sector movers: Mixed fortunes in Travel & Leisure

28th Sep 2012 15:47

Goals Soccer Centres, the 5-a-side football centre operator, has expanded its issued share capital by around one-twentieth through a discounted placing of shares.The group raised around £2.8m through the placing of 2.43m shares at 115p per share, some 7.5p below last night's closing price. As is usual when a new pile of shares comes on to the market at a price below the prevailing level, the shares headed lower in a generally dull Travel & Leisure sector. Elsewhere in the sector, however, shares in Thomas Cook, the package tour operator, were wanted after the group reiterated full-year profits guidance on the back of late surge in summer bookings.With the summer season now almost over, cumulative bookings are tracking ahead of planned capacity in most markets, the travel group said, while the late rush to escape Britain's soggy summer means price trends have been better than those reported on back in August; aeroplane load factors also remain high. Watermark Global, the AIM-quoted company with investments in acid mine drainage and coal briquetting in South Africa, was the best performer in the vaolatile Industrial Metals & Mining sector which, on Friday, was having one of its up days.Watermark was wanted after interim results revealed it has moved into the black, with profit before tax of £2.72m versus an interim loss last year of £0.63m.Possibly of more interest to shareholders was the assertion of Peter Marks, the Chairman of Watermark, the company's assets are worth 0.33p per share, whereas the shares trade at only 0.15p, even after Friday's 0.45p rise. Top performing sectors so far todayForestry & Paper 6,775.18 +2.44%Industrial Metals & Mining 2,694.24 +0.90%Real Estate Investment & Services 1,767.45 +0.87%Software & Computer Services 903.84 +0.75%Electronic & Electrical Equipment 3,373.50 +0.43%Bottom performing sectors so far todayFinancial Services 5,114.42 -1.12%Travel & Leisure 4,924.55 -1.11%Automobiles & Parts 5,036.19 -0.83%Gas, Water & Multiutilities 5,243.49 -0.79%Mobile Telecommunications 4,091.53 -0.78%