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Page 40 - பிரிட்டிஷ் வானெறிக்குழுப்பெயர் ஓநர் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

MARKET REPORT: Blow to airline shares as Covid curbs set to tighten

It sent shares in British Airways-owner IAG tumbling 7.7 per cent, or 11.6p, to 140p – wiping nearly £580million off the company s value. Budget airline Easyjet plunged 6.7 per cent, or 52p, to 728.6p, with rival Ryanair falling 4.1 per cent, or €0.61, to €14.26. Wizz Air fell 4.4p, or 186p, to 4092p. Engine-maker Rolls-Royce, which relies on the airline industry for business, also fell 4.8 per cent, or 4.95p, to 98p. Stock Watch - Angus Energy  Shares in Angus Energy rose as the firm moved a step closer to resuming production at a dormant site. It wants to restart operations at the Saltfleetby onshore gas field, off the coast of Lincolnshire, which closed under prior owners in 2017.

European stocks sapped by economic data

European stocks sapped by economic data Reuters European stocks ended lower on Friday, closing out another lackluster week as business activity in the eurozone shrank this month after stringent lockdowns to control the COVID-19 pandemic shuttered many businesses. The pan-European STOXX 600 fell 0.6 percent, but clung to a small 0.2 percent rise for a week, dominated by hopes for massive US stimulus under US President Joe Biden. Travel and leisure stocks fell 2.5 percent, leading declines among sectors amid concerns over fresh travel restrictions in Europe. Other economically sensitive sectors like banks, oil and gas, and mining shed more than 1 percent. IHS Markit’s flash composite purchasing mangers’ index (PMI) for the eurozone fell further below the 50 mark separating growth from contraction, hitting 47.5 this month, from last month’s 49.1.

European stocks sapped by weak economic data, travel curbs

4 Min Read (Reuters) - European stocks ended lower on Friday, closing out another lacklustre week as business activity in the euro zone shrank in January after stringent lockdowns to control the coronavirus pandemic shuttered many businesses. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 20, 2021. REUTERS/Staff The pan-European STOXX 600 index fell 0.6%, but clung to a small 0.2% rise for a week, dominated by hopes for massive U.S. stimulus under President Joe Biden. Travel and leisure stocks fell 2.5%, leading declines among sectors amid concerns over fresh travel restrictions in Europe. Other economically sensitive sectors like banks, oil & gas and mining shed more than 1%.

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