MARKET REPORT
THE London markets rebounded from their worst day for three months, despite Prime Minister Boris Johnson confirming a tightening of Covid- 19 restrictions.
The FTSE 100 closed 25.17 points lower at 5,829.46 at the end of trading yesterday.
Pubs and hospitality firms were mixed, with Mitchells & Butlers and Marston’s closing higher, while London- focused Young’s shares fell after the PM advised people to work from home where possible.
Premier Inn owner Whitbread saw shares slide after it said 6,000 jobs will be cut following a slump in demand due to coronavirus.
The biggest FTSE 100 risers were Kingfisher, up 26.2p at 290.9p, IAG, up 4.8p at 102p,
BAT, up 108p at 2,733p, and
NatWest, up 3.14p at 96.46p.
The biggest fallers were Hikma, down 116p at 2,470p, RSA, down 18.8p at 452.9p, Whitbread, down 60p at 2,049p, and Admiral, down 75p at 2,700p.