Travel companies have soared to the top of the FTSE winner's table in early trading on Friday on the back of news holiday firm XL has gone into administration.
Tiu Travel and Thomas Cook, both with near 7% gains, have helped push the blue-chip index up 78.9 points, or 1.48%, to 5,397.3. Xstrata, up 132p to £24.07, Eurasian and Anglo American are also in the black just a few hours into trading on Friday. Wolseley is one of the FTSE 100 firms to suffer losses, falling 12.75p, or 2.74%, to 453.25, and is joined by Tesco and Morrison Supermarkets. In New York, the Dow Jones finished more than 164 points up, or 1.46%, to 11,433.71 after a stellar day for GEN Motors. The firm advanced 1.33 points, or 11.65%, to 12.75, and was joined in the winner’s ...
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