Date: Tuesday 24 Jun 2008
LONDON (ShareCast) - Travel groups are providing some good cheer on a tough day for blue chips following Thomas Cook's cheery update this morning.
Travel firm Thomas Cook said first half pro-forma losses from continuing operations reduced 15% to £177.5m. Trading for summer 2008 remains strong in all major markets, it added. Rival TUI moved up in sympathy.
J Sainsbury is weak after news that Richard Jones, its head of general merchandise, signed on with arch-rival Tesco. Other retailers are weak following cautious comments by Comet owner Kesa over consumer spending.
FTSE 100 - Risers
Ferrexpo (FXPO) 415.75p +3.94%
John Wood Group (WG.) 475.75p +2.70%
Thomas Cook Group (TCG) 240.25p +2.56%
Barclays (BARC) 306.50p +2.25%
Antofagasta (ANTO) 659.00p +2.17%
Royal Bank of Scotland Group (RBS) 218.00p +1.63%
TUI Travel (TT.) 209.00p +1.58%
Man Group (EMG) 621.50p +1.55%
FTSE 100 - Fallers
Sainsbury (J) (SBRY) 311.00p -4.38%
Carphone Warehouse Group (CPW) 197.30p -4.22%
London Stock Exchange Group (LSE) 832.50p -4.20%
Thomson Reuters (TRIL) 1,375.00p -4.05%
Next (NXT) 957.00p -3.82%
ITV (ITV) 48.80p -3.75%
SABMiller (SAB) 1,119.00p -3.45%
Prudential (PRU) 569.50p -3.39%