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Travel shares boosted by Tui and Easyjet | |
(4 months later) | |
(Close): Commodity and oil stocks dragged London's benchmark index lower. | (Close): Commodity and oil stocks dragged London's benchmark index lower. |
The FTSE 100 ended down 37.2 points, or 0.6%, at 6,679.3, with Tullow Oil down 2.9%, and Anglo American and Rio Tinto more than 2.5% off. | The FTSE 100 ended down 37.2 points, or 0.6%, at 6,679.3, with Tullow Oil down 2.9%, and Anglo American and Rio Tinto more than 2.5% off. |
Tui Travel shares rose 3.64% after the travel firm reported a rise in full-year pre-tax profits to £475m. | Tui Travel shares rose 3.64% after the travel firm reported a rise in full-year pre-tax profits to £475m. |
The index's biggest riser was Sage, adding 6.5% to Wednesday's 5% gain as brokers upgraded their guidance in the wake of strong full-year figures. | The index's biggest riser was Sage, adding 6.5% to Wednesday's 5% gain as brokers upgraded their guidance in the wake of strong full-year figures. |
Easyjet climbed 2.88% after it reported a rise in passenger numbers, and rival Ryanair lifted its profit forecast. | Easyjet climbed 2.88% after it reported a rise in passenger numbers, and rival Ryanair lifted its profit forecast. |
Ryanair said it now expected full-year profits of between €810m and €830m, compared with an earlier forecast of €750m-€770m. | Ryanair said it now expected full-year profits of between €810m and €830m, compared with an earlier forecast of €750m-€770m. |
Shares in Sky were flat after the broadcaster said it had sold a majority stake in Sky Bet, valuing the betting business at £800m. | Shares in Sky were flat after the broadcaster said it had sold a majority stake in Sky Bet, valuing the betting business at £800m. |
Germany's Dax and France's Cac 40 also fell, with each lower by more than 1%. | Germany's Dax and France's Cac 40 also fell, with each lower by more than 1%. |
On the currency markets, the pound closed 0.12% higher against the dollar at $1.5706, and fell 0.84% against the euro to €1.2634. | On the currency markets, the pound closed 0.12% higher against the dollar at $1.5706, and fell 0.84% against the euro to €1.2634. |