The London Report: Travel stocks take off after the Brexit extension



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The airlines and travel stocks were the best performers of the FTSE 100 in the hope that the Brexit six-month deadline will remove some of the risk outside of the summer season bookings.

EasyJet, Tui, Thomas cook and British Airways owner IAG all benefited.

Reduced uncertainty has also helped home builders such as Khaki.

The mid-cap FTSE 250, which has a higher domestic earnings concentration than the FTSE 100, has reached its highest level in more than six months.

Whitbread lack. Morgan Stanley became cautious with the owner of Premier Inn, citing data suggesting that hotel bookings were suffering because of low investment in Brexit-related businesses.

Brands and Spencer it's withdrawn after Credit Suisse advised to sell.

Competition for M & S's food business intensified as Aldi and Lidl expanded into richer areas, while the results of its joint venture with Ocado appeared to be thin at best, according to forecasts.

Ocado she herself was under pressure when decommissioning HSBC.

The hub of online technology licensing supermarkets has let Ocado's customers determine whether its model is working, said HSBC, who argued that the costs were underestimated.

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