FTSE 100 movers: Travel companies fly higher as miners sink
Travel tour operator TUI Travel saw its shares rise, as the company met expectations with a 4% rise in annual profits as the company painted a positive outlook for the winter and upcoming summer season ahead of its planned merger with parent group TUI AG.
Anglo American
2,426.00p
09:00 07/10/24
BHP Group Limited NPV (DI)
2,318.00p
09:00 07/10/24
easyJet
491.00p
09:00 07/10/24
FTSE 100
8,266.18
09:00 07/10/24
FTSE 350
4,560.39
09:00 07/10/24
FTSE All-Share
4,517.76
09:00 07/10/24
Mining
10,996.73
09:00 07/10/24
Rio Tinto
5,286.00p
09:00 07/10/24
Sage Group
1,002.00p
09:00 07/10/24
Software & Computer Services
2,442.37
08:59 07/10/24
Travel & Leisure
7,836.49
09:00 07/10/24
TUI Travel
437.60p
16:59 11/12/14
Budget airline Easyjet also flew high after saying that passenger numbers increased by 3.1% to 4,386,296 in November, against the same month in 2013. The load factor - a measure of how full its aircraft were - increased by 0.5 percentage points to 89.5%.
Sage's shares were extending gains after the accountancy software group impressed the market with its annual results on Wednesday. The stock was given a further boost by target price upgrades from both Citigroup and Credit Suisse.
Anglo American dropped after analysts at Bank of America downgraded the company from a ‘buy’ rating to an ‘underperform’ rating in a note issued to investors on Thursday.
A reduction in risk appetite hit other miners too, with Rio Tinto and BHP Billiton both trading lower.
Risers
Sage Group (SGE) 449.80p +6.56%
TUI Travel (TT.) 446.00p +4.04%
Burberry Group (BRBY) 1,672.00p +2.39%
Persimmon (PSN) 1,573.00p +2.14%
Royal Mail (RMG) 405.90p +1.98%
IMI (IMI) 1,177.00p +1.82%
Unilever (ULVR) 2,722.00p +1.72%
CRH (CRH) 1,560.00p +1.63%
easyJet (EZJ) 1,692.00p +1.44%
Ashtead Group (AHT) 1,083.00p +1.31%
Fallers
Anglo American (AAL) 1,284.50p -2.69%
Severn Trent (SVT) 1,975.00p -2.52%
Sainsbury (J) (SBRY) 235.60p -2.04%
BP (BP.) 428.50p -1.91%
Tullow Oil (TLW) 413.10p -1.90%
BG Group (BG.) 921.00p -1.64%
Rio Tinto (RIO) 2,964.50p -1.54%
Admiral Group (ADM) 1,265.00p -1.48%
BHP Billiton (BLT) 1,498.00p -1.35%
GlaxoSmithKline (GSK) 1,470.00p -1.31%