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Coronavirus impact: 4 June - has the stock market boom for Covid-19 testing run its course?

04/06/2020 · Avacta Group (AVCT)  · Codemasters Group Holdings PLC (CDM)  · Dewhurst (DWHT)  · Fevertree Drinks (FEVR)  · Gfinity PLC (GFIN)  · Good Energy (GOOD)  · IG Group (IGG)  · Open Orphan (ORPH)  · XP Power (XPP) 

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The stock market remained unmoved by positive announcements from several companies, suggesting that much of the good news and more is already factored into their elevated valuations


Dewhurst: challenging outlook

Dewhurst (LON: DWHT), the aged supplier of components to the lift, keypad and rail industries, which was founded in 1919, announced reasonable results for the 6 months ending 31 March 2020.

Revenue increased 1% to £28.2m, profit before tax decreased 3% to £2.5m with earnings per share marginally higher at 20.8p.

There was good growth in sales in the Lift and Transportation Divisions offset by a significant reduction in keypad demand. A proportion of…

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