Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

FTSE 100 movers: Airlines take off after flying low yesterday

Tue, 24th Jun 2014 15:20

IAG and easyJet were flying high as they rebounded from losses seen yesterday following a controllers' strike in France and threats of strikes over pay by IAG's UK carrier British Airways. Bid target Shire, which last week rejected a £27bn approach from US pharmaceutical outfit AbbVie was making gains today after yesterday setting out its defence to shareholders with its 10-year strategic plan. Credit Suisse was providing a lift this morning, saying: "We believe ABBV will need to step in at a higher price in order to get the deal done."Meanwhile, Sports Direct was in the red as the group continues to face the backlash from investors over its plans to award founder Mike Ashley under a new share-based bonus scheme. Fund managers are believed to be planning to vote against the scheme and, according to various reports, have called for a vote to take place early next month. Utilities providers United Utilities and Severn Trent were both hit by a Goldman Sachs ratings cut to 'neutral'.Shares in Carnival fell after the group gave a cautious outlook in its second quarter results, saying that since March, its fleetwide booking volumes for the next three quarters "are running slightly behind last year", albeit at higher prices. Supermarket Tesco was in the red after Exane BNP Paribas cut its rating from 'outperform' to 'neutral' and its target price from 355p to 305p. FTSE 100 - RiserseasyJet (EZJ) 1,460.00p +2.60%International Consolidated Airlines Group SA (CDI) (IAG) 387.90p +2.11%Aggreko (AGK) 1,635.00p +1.81%Shire Plc (SHP) 4,379.00p +1.77%Pearson (PSON) 1,133.00p +1.25%BP (BP.) 525.50p +1.06%BG Group (BG.) 1,284.00p +1.06%British Sky Broadcasting Group (BSY) 898.50p +0.90%Next (NXT) 6,385.00p +0.87%Randgold Resources Ltd. (RRS) 4,938.00p +0.78%FTSE 100 - FallersSports Direct International (SPD) 713.50p -3.91%Ashtead Group (AHT) 828.50p -2.99%Schroders (SDR) 2,476.00p -2.67%Weir Group (WEIR) 2,634.00p -2.34%RSA Insurance Group (RSA) 486.00p -2.06%London Stock Exchange Group (LSE) 1,876.00p -1.93%Carnival (CCL) 2,269.00p -1.90%IMI (IMI) 1,489.00p -1.78%Friends Life Group Limited (FLG) 304.80p -1.74%Barratt Developments (BDEV) 344.80p -1.71%NR

Related Shares

More News
3 May 2024 13:37

UK earnings, trading statements calendar - next 7 days

19 Apr 2024 16:56

London close: Stocks mixed as investors watch Middle East newsflow

(Sharecast News) - London's stock markets closed in a mixed state on Friday as traders kept a close watch on escalating tensions in the Middle East.

19 Apr 2024 12:02

LONDON MARKET MIDDAY: Stocks down on Israel attack on Isfahan, Iran

(Alliance News) - Stock prices in London were down at midday on Friday, as equity sentiment suffered by worries of a conflict escalation between Iran ...

19 Apr 2024 08:49

LONDON MARKET OPEN: European stocks slump amid Middle East escalation

(Alliance News) - London's FTSE 100 traded lower in early exchanges, with sentiment hurt by worries of a conflict escalation in the Middle East, after...

18 Apr 2024 16:52

LONDON MARKET CLOSE: Stocks recover some of recent Fed talk losses

(Alliance News) - Stock prices in London closed up on Thursday, despite the prospect of higher for longer US interest rates hanging over stocks, while...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.