The Bastille Day attack in France has understandably hit holiday companies and airlines in opening trade on Friday. Budget carrier Easyjet (EZJ) leads the FTSE 100 fallers, down 3.2% to £11.33, while British Airways-owner International Consolidated Airways (IAG) trades 0.5% lower at 424p.

Tour operator TUI (TUI) also opens on the back foot, 0.5% lower to 967.7p, while small cap airline FlyBe (FLYB) cheapens 1.6% to 39.1p as markets open.


Yet the overall market barely moves, the FTSE 100 index dipping a modest 4 points to 6,657, although midcaps are dragged slighter more lowly.

Elsewhere, banks and housebuilders record gains after the Bank of England confounded expectations by deciding not to cut interest rates on Thursday afternoon.

Royal Bank of Scotland (RBS) improves 3.4% to 188.3p, Barclays (BARC) rises 2.3% to 151.5p and Lloyds (LLOY) advances 1.4% to 57p. HSBC (HSBA) records a 0.7% gain to 480.4p.

Persimmon (PSN) leads the housebuilders with a 3.4% gain to £15.86. Barratt Developments (BDEV) trades 2.3% to 417.4p and Taylor Wimpy (TW.) advances 2% to 147.6p. High end house-builder Berkeley (BKG) improves 1.2% to £26.54.

Berkeley interior 3

Among the bigger movers, a $34 million contract won with the New York City Transit authority sparks a swathe of buying in shares of TETRA communications technology firm Sepura (SEPU:AIM). The shares soar 18.5% to 43.25p, regaining ground lost after its recent deeply discounted cash call.

Resources minnow Mosman Oil & Gas (MSMN:AIM) rallies 4.7% to 1.1p as it confirms a meeting with officers of GEM International Resource in Hong Kong last month. The talks surrounded plans for exploration, including bulk mining sampling.

Stamps and other collectables firm Stanley Gibbons (SGI) is mulling taking offshore status with the pros and cons beig currently weighed up by management. Investors are not happy, marking the stock 3.7% lower to 9.75p.

Back in resources, Shanta Gold (SHG:AIM), recently covered in Shares, releases data from the Singida Gold Project where pilot-scale production is due to kick-off early 2017 on the Gold Tree 1 Prospect.

Issue Date: 15 Jul 2016