FTSE 100 movers: Financials and travel stocks plunge, gold miners higher

UK markets plummeted on Monday, as Greece closed its banks and called a public vote to determine its future within the Eurozone.

With just seven stocks on the FTSE 100 in positive territory, the UK index was down 1.5% at 6,655 as of 14:30 BST.

Travel tour operator TUI dropped sharply as investors expressed concerns about Greece and the impact of potential social unrest on the travel market.

Wider concerns about the disruption on tourism from recent terrorist attacks in Paris and Tunisia were also likely dampening sentiment, pulling shares of airline peers IAG and Easyjet lower.

IAG in particular was registering heavy losses as EU regulators continued to review its proposed takeover of Irish carrier Aer Lingus amid competition concerns.

Banks and stock in the financial sectors such as HSBC, RBS, Hargreaves Lansdown and Aberdeen Asset Management plunged as investors expressed concerns about Greece and the impact of potential social unrest on the travel market.

Drinks bottler Coca-Cola, which has a secondary listing in Athens, was also suffering heavy losses.

Precious metal miners Randgold and Fresnillo were two of seven stocks making gains on the Footise as investors sought out safe-haven investments such as gold.

Risers
Intertek Group (ITRK) 2,446.00p +0.99%
Randgold Resources Ltd. (RRS) 4,408.00p +0.78%
Fresnillo (FRES) 700.50p +0.36%
Sage Group (SGE) 531.50p +0.28%
Persimmon (PSN) 1,986.00p +0.25%
Morrison (Wm) Supermarkets (MRW) 184.50p +0.16%
Sainsbury (J) (SBRY) 276.70p +0.14%

Fallers
TUI AG Reg Shs (DI) (TUI) 1,036.00p -6.92%
International Consolidated Airlines Group SA (CDI) (IAG) 498.70p -3.07%
Standard Life (SL.) 462.60p -2.86%
Coca-Cola HBC AG (CDI) (CCH) 1,389.00p -2.80%
Standard Chartered (STAN) 1,028.00p -2.56%
GKN (GKN) 338.40p -2.53%
3i Group (III) 522.00p -2.43%
Mondi (MNDI) 1,395.00p -2.38%
Barclays (BARC) 266.25p -2.24%
Schroders (SDR) 3,236.00p -2.18%