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London stocks track global rally, TUI jumps

Tue, 11th Feb 2020 08:23

(For a live blog on European stocks, type LIVE/ in an Eikon
news window)

* FTSE 100 up 0.9%, FTSE 250 up 0.6%

* Virus death toll climbs,

* TUI top gainer on main index

* William Hill up after deal with CBS Sports

Feb 11 (Reuters) - UK shares rebounded after two sessions of
losses on Tuesday, as investors awaited signals from two of the
world's big central banks on their concern over the coronavirus
outbreak amid hopes that the number of reported new cases was
slowing.

The FTSE 100 added 0.9%, helped by a near 10% surge
in travel company TUI after it said strong demand for
holidays would help offset a hit from the Boeing 737 MAX
aircraft groundings on its annual profit.

Airlines easyJet and British Airways-owner IAG
also added roughly 3% each and were among the biggest
gainers on the blue-chip bourse.

The FTSE 250 advanced 0.6%, led by a 4% rise in
William Hill after the bookmaker announced a partnership
with U.S.-based CBS Sports.
(Reporting by Shashwat Awasthi in Bengaluru; editing by Patrick
Graham)

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