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Airline and hospitality stocks lift FTSE 100 as oil price retreats
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FTSE 100 up in choppy trading as bonds fall
(Alliance News) – Stock prices in London were higher at midday on Friday, in a choppy day of trading as investors closely watched the price of oil, while UK borrowing costs hit their highest level since 2008.
The FTSE 100 index was up 13.32 points, 0.1%, at 10,076.82. The FTSE 250 was up 55.21 points, 0.3%, at 21,615.25, and the AIM all-share was down 1.81 points, 0.3%,
The Cboe UK 100 was up 0.4% at 1,002.37, the Cboe UK 250 was 0.3% higher at 18,807.75, and the Cboe small companies was down 0.4% at 17,150.17.
In European equities on Friday, the CAC 40 in Paris was up 0.3%, while the DAX 40 in Frankfurt was 0.1% higher.
Sterling was at USD1.3394 at midday on Friday, up from USD1.3367 at the London equities close on Thursday. Against the euro, sterling fell to EUR1.1576 from EUR1.1597.
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