Sector movers: Banks, Travel names pace gains

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Sharecast News | 05 Feb, 2021

Lenders' shares led the advance on Thursday after the Bank of England signalled increased confidence in the outlook on the back of the vaccine rollout in the UK.

That resulted in a jump in longer-term Gilt yields, which helped to lift the banking sector.

Shares of Lloyds, NatWest and Barclays were all higher.

Of course, a successful rollout also has very positive implications for the travel sector, a fact not lost on investors who pushed up the likes of Compass Group, IAG and InterContinental Hotels.

Top performing sectors so far today

Banks 2,551.12 +2.76%

Travel & Leisure 8,277.13 +1.96%

Aerospace and Defence 3,366.73 +1.65%

Industrial Transportation 3,280.52 +1.24%

Support Services 10,222.43 +1.10%

Bottom performing sectors so far today

Personal Goods 34,648.30 -5.66%

Fixed Line Telecommunications 1,515.77 -2.99%

Technology Hardware & Equipment 1,825.89 -2.73%

Leisure Goods 24,941.74 -2.25%

Oil Equipment, Services & Distribution 5,293.73 -2.08%

Top performing sectors so far today

Banks 2,551.12 +2.76%

Travel & Leisure 8,277.13 +1.96%

Aerospace and Defence 3,366.73 +1.65%

Industrial Transportation 3,280.52 +1.24%

Support Services 10,222.43 +1.10%

Bottom performing sectors so far today

Personal Goods 34,648.30 -5.66%

Fixed Line Telecommunications 1,515.77 -2.99%

Technology Hardware & Equipment 1,825.89 -2.73%

Leisure Goods 24,941.74 -2.25%

Oil Equipment, Services & Distribution 5,293.73 -2.08%

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