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FTSE closes higher as coronavirus cases fall | 12 February 2021


12 February 2021 | 16:43pm
StockMarketWire.com - UK stocks closed significantly higher on Friday after it emerged coronavirus cases across the country are falling at the fastest pace in months.
The UK's R value has dropped below 1 for the first time since July, and the Government has confirmed it will issue its roadmap out of lockdown on 22 February.
The UK's benchmark FTSE 100 index gained 0.94% to 6,589.79, while the midcap FTSE 250 index swung into positive territory having spent most of the day in the red and closed 0.09% higher to 21,037.47.
In a day of little significant corporate news, airline and package holiday provider Jet2 fell 7.24% to £12.04 after it raised £422 million by issuing new shares at a 9% discount to last night's closing price to help see it through the crisis. The company said the fundraise was 'significantly oversubscribed'.

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Investegate |Jet2 PLC Announcements | Jet2 PLC: Retail Offer via PrimaryBid.com


 
This Announcement should be read in its entirety. In particular, you should read and understand the information provided in the "Important Notices" section of this Announcement.
 
 
This announcement (the "Announcement") and the information contained in it is not for publication, release, transmission, distribution or forwarding, in whole or in part, directly or indirectly, in or into the United States, Australia, Canada, Japan or South Africa or any other jurisdiction in which publication, release or distribution would be unlawful. This Announcement is for information purposes only and does not constitute an offer to sell or issue, or the solicitation of an offer to buy, acquire or subscribe for shares in the capital of the Company in the United States, Australia, Canada, Japan or South Africa or any other state or jurisdiction. This Announcement has not been approved by the London Stock Exchange. Any failure to comply with these restrictions may constitute a violation of the securities laws of such jurisdictions.

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