London’s FTSE 100 was down 0.7% at 7,061.55 in afternoon trade on Thursday, with travel shares weaker.
British Airways parent IAG was the worst performer on the index amid reports that no countries will be added to the government’s ‘safe’ green travel list when it updates Britons later in the day. It was also understood that Portugal will be moved from the green list to the amber list and that more countries will be added to the red list.
National Grid and B&Q owner Kingfisher were both down as they traded without entitlement to the dividend.
Discount retailer B&M European Value Retail fell after it warned 2022 UK revenues would be lower against tough comparatives as it reported better-than-expected annual profits.
On the upside, specialty chemicals company Johnson Matthey was the standout gainer after Jefferies upped its price target on the stock.
FTSE 100 – Risers
Johnson Matthey (JMAT) 3,122.00p 1.63%
Standard Life Aberdeen (SLA) 277.60p 1.31%
Ferguson (FERG) 9,762.00p 1.06%
Pearson (PSON) 836.80p 0.75%
Phoenix Group Holdings (PHNX) 749.20p 0.70%
Reckitt Benckiser Group (RKT) 6,401.00p 0.63%
Rightmove (RMV) 606.80p 0.53%
Unilever (ULVR) 4,271.50p 0.51%
Sainsbury (J) (SBRY) 269.10p 0.45%
Associated British Foods (ABF) 2,351.00p 0.38%
FTSE 100 – Fallers
International Consolidated Airlines Group SA (CDI) (IAG) 197.96p -5.46%
Fresnillo (FRES) 865.40p -4.90%
B&M European Value Retail S.A. (DI) (BME) 535.80p -4.53%
National Grid (NG.) 922.80p -3.94%
Anglo American (AAL) 3,184.50p -3.37%
Antofagasta (ANTO) 1,550.00p -3.28%
Kingfisher (KGF) 344.10p -2.74%
Glencore (GLEN) 324.60p -2.68%
Polymetal International (POLY) 1,684.50p -2.57%
Evraz (EVR) 642.00p -2.46%
