Positive sentiment on Wall Street boosts UK stocks; Wizz Air reports jump in traffic

Britain’s main stock indexes rose on Friday, aided by positive sentiment on Wall Street following upbeat earnings from technology majors, while most airline stocks advanced after Wizz Air reported a jump in January traffic.

The blue-chip FTSE 100 (.FTSE), opens new tab climbed 0.4%, while the mid-cap FTSE 250 (.FTMC), opens new tab added 1.0%.

Wizz Air, opens new tab(WIZZ.L), opens new tab rallied 9.4% to become the top gainer in the FTSE 250 after the carrier reported a 14.2% increase in passenger traffic in January. Shares in EasyJet (EZJ.L), opens new tab added 3.6% and British Airways-owner IAG (ICAG.L), opens new tab climbed 2.3%.

Fidelity Special Values PLC (LON:FSV) aims to seek out underappreciated companies primarily listed in the UK and is an actively managed contrarian Investment Trust that thrives on volatility and uncertainty.

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