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.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
Fidelity Special Values

More articles like this

Fidelity Special Values

UK stocks rally as market confidence rebounds

The FTSE 100 saw an upward movement on Monday, continuing its recovery from the previous week’s volatility. Building on Friday’s gains, the index opened higher, reflecting renewed market confidence. Across Europe, Germany’s DAX and France’s CAC

Fidelity Special Values

UK stock markets rally as investors await economic data

Britain’s main stock markets saw gains on Monday, mirroring a widespread rally across European markets as investors looked ahead to key economic indicators due this week, hoping to find clues about future moves in U.S. and

Fidelity Special Values

FTSE 100 rises amid budget concerns and market gains

The UK’s FTSE 100 managed a slight increase on Friday, bouncing back from a recent near-three-month low as a positive shift in some sectors helped counteract inflation concerns sparked by Britain’s latest budget announcement. By 9:54