London’s FTSE 100 was up 0.1% at 7,637.23 in afternoon trade on Thursday.
BA and Iberia owner IAG flew higher following well-received first-quarter results from United Airlines across the pond.
On the downside, Anglo American slumped after it said first-quarter production fell 10% year on year, impacted by peak Covid-related absenteeism, high rainfall affecting operations in South Africa and Brazil, and safety and other operational challenges at metallurgical coal and iron ore operations.
Chilean copper miner Antofagasta also lost ground after it posted a drop in first-quarter production, while Legal & General and BAE Systems were in the red as they traded without entitlement to the dividend.
FTSE 100 – Risers
International Consolidated Airlines Group SA (CDI) (IAG) 155.04p 7.65%
ITV (ITV) 77.66p 7.03%
Royal Mail (RMG) 359.70p 6.17%
Melrose Industries (MRO) 128.70p 3.75%
Rolls-Royce Holdings (RR.) 96.76p 3.58%
Mondi (MNDI) 1,524.00p 3.53%
Pearson (PSON) 793.80p 3.44%
Smith & Nephew (SN.) 1,285.00p 3.25%
WPP (WPP) 1,033.00p 2.89%
Aveva Group (AVV) 2,527.00p 2.77%
FTSE 100 – Fallers
Anglo American (AAL) 3,692.00p -8.51%
Antofagasta (ANTO) 1,532.00p -6.36%
Legal & General Group (LGEN) 265.50p -4.43%
Glencore (GLEN) 498.35p -3.96%
BAE Systems (BA.) 736.80p -3.64%
National Grid (NG.) 1,158.50p -1.86%
Dechra Pharmaceuticals (DPH) 3,740.00p -1.53%
Rio Tinto (RIO) 5,789.00p -1.04%
Severn Trent (SVT) 3,029.00p -0.82%
SSE (SSE) 1,816.50p -0.55%
