Business

Travel shares boosted by Tui and Easyjet



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(Close): Commodity and oil stocks dragged London's benchmark index lower.

The FTSE 100 ended down 37.2 points, or 0.6%, at 6,679.3, with Tullow Oil down 2.9%, and Anglo American and Rio Tinto more than 2.5% off.

Tui Travel shares rose 3.64% after the travel firm reported a rise in full-year pre-tax profits to £475m.

The index's biggest riser was Sage, adding 6.5% to Wednesday's 5% gain as brokers upgraded their guidance in the wake of strong full-year figures.

Easyjet climbed 2.88% after it reported a rise in passenger numbers, and rival Ryanair lifted its profit forecast.

Ryanair said it now expected full-year profits of between €810m and €830m, compared with an earlier forecast of €750m-€770m.

Shares in Sky were flat after the broadcaster said it had sold a majority stake in Sky Bet, valuing the betting business at £800m.

Germany's Dax and France's Cac 40 also fell, with each lower by more than 1%.

On the currency markets, the pound closed 0.12% higher against the dollar at $1.5706, and fell 0.84% against the euro to €1.2634.