FTSE 100 movers: Burberry and TUI gain; miners drop as metals prices fall
London's FTSE 100 was up 1.1% at 7,206.07 in afternoon trade on Wednesday as sterling fell on Brexit concerns ahead of Prime Minister Boris Johnson's meeting with German Chancellor Angela Merkel.
Luxury fashion brand Burberry was the sitting pretty at the top of the index, with some traders pointing to the fact there has been no escalation of unrest in Hong Kong.
Travel operator TUI was also firmly in the green.
UAE-based private healthcare operator NMC Health and Irish building materials group CRH advanced ahead of their interim results on Thursday.
On the downside, miners BHP and Rio Tinto were on the back foot as base metals prices fell.
FTSE 100 - Risers
Burberry Group (BRBY) 2,200.00p 4.31%
TUI AG Reg Shs (DI) (TUI) 785.80p 3.31%
Smith (DS) (SMDS) 332.26p 3.12%
Flutter Entertainment (FLTR) 6,632.00p 3.08%
CRH (CRH) 2,685.00p 3.07%
NMC Health (NMC) 1,911.00p 2.74%
Mondi (MNDI) 1,607.50p 2.58%
Smurfit Kappa Group (SKG) 2,464.00p 2.50%
DCC (DCC) 6,748.00p 2.49%
Ashtead Group (AHT) 2,169.00p 2.41%
FTSE 100 - Fallers
Phoenix Group Holdings (PHNX) 646.60p -1.96%
Legal & General Group (LGEN) 221.55p -1.09%
BHP Group (BHP) 1,717.00p -1.03%
Royal Bank of Scotland Group (RBS) 183.45p -0.57%
Tesco (TSCO) 215.04p -0.31%
BT Group (BT.A) 162.46p -0.23%
Rio Tinto (RIO) 4,003.50p -0.15%
Admiral Group (ADM) 2,173.00p -0.09%
Lloyds Banking Group (LLOY) 49.78p 0.11%
Direct Line Insurance Group (DLG) 293.40p 0.14%