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London stocks track global rally, TUI jumps

Published 02/11/2020, 04:23 PM
Updated 02/11/2020, 04:24 PM
London stocks track global rally, TUI jumps
UK100
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EZJ
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TUI1n
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WMH
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FTMC
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(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 .FTSE added 0.9%, helped by a near 10% surge
in travel company TUI TUIT.L after it said strong demand for
holidays would help offset a hit from the Boeing BA.N 737 MAX
aircraft groundings on its annual profit. Airlines easyJet EZJ.L and British Airways-owner IAG
ICAG.L also added roughly 3% each and were among the biggest
gainers on the blue-chip bourse.
The FTSE 250 .FTMC advanced 0.6%, led by a 4% rise in
William Hill WMH.L after the bookmaker announced a partnership
with U.S.-based CBS Sports.

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