London stock market rises by midday on positive British Airways data
LONDON, Nov. 7 (Xinhua) — British Airways (BA) shares in the London stock market rose 14 percent by Friday midday as investors welcomed the news that it expected to report full-year profits. BA’s share rise helped lift the FTSE 100 index by 54.18 points, or 1.39 percent, to hit 4,331.59 by 12:30 GMT. Energy stocks also helped the market as the price of oil steadied. BP shares rose 3.5 percent and Tullow Oil added 4.8 percent. Retail shares were trading higher in the wake of Thursday’s d