London’s FTSE 250 was up 1.8% at 23,909.94 in afternoon trade on Tuesday.
Budget airlines Wizz Air and easyJet were among the top gainers amid signs that Omicron is not as severe as previous Covid variants .They also got a boost after Wizz said December capacity soared by almost 200% year-on-year, reflecting eased Covid-19 restrictions.
The company said it sold 3.5m seats. Passenger numbers were up 293% to 2.6m, while the load factor was up 19.3 percentage points to 75.4%.
Travel company Tui, Ritazza and Upper crust owner SPP, WH Smith and cruise operator Carnival also rose.
FTSE 250 – Risers
Wizz Air Holdings (WIZZ) 4,702.00p 12.27%
TUI AG Reg Shs (DI) (TUI) 257.40p 11.24%
easyJet (EZJ) 613.00p 10.25%
Watches of Switzerland Group (WOSG) 1,562.00p 10.00%
SSP Group (SSPG) 259.60p 8.12%
WH Smith (SMWH) 1,581.50p 6.86%
Carnival (CCL) 1,477.40p 6.78%
Capita (CPI) 38.85p 6.44%
HGCapital Trust (HGT) 445.00p 5.83%
Virgin Money UK (VMUK) 187.85p 5.65%
FTSE 250 – Fallers
Baltic Classifieds Group (BCG) 234.00p -7.51%
Indivior (INDV) 243.20p -5.37%
Darktrace (DARK) 402.00p -4.33%
Liontrust Asset Management (LIO) 2,125.00p -3.41%
Auction Technology Group (ATG) 1,466.00p -3.30%
Endeavour Mining (EDV) 1,620.00p -2.99%
Softcat (SCT) 1,752.00p -2.88%
Kainos Group (KNOS) 1,863.00p -2.82%
Trustpilot Group (TRST) 318.40p -2.75%
Reach (RCH) 276.50p -2.12%
