London stocks track global rally, TUI jumps

  • Reuters
  • Stock Market News
London stocks track global rally, TUI jumps
Credit: © Reuters.

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* FTSE 100 up 0.9%, FTSE 250 up 0.6%

* Virus death toll climbs,

* TUI top gainer on main index

* William Hill up after deal with CBS Sports

Feb 11 (Reuters) - UK shares rebounded after two sessions of losses on Tuesday, as investors awaited signals from two of the world's big central banks on their concern over the coronavirus outbreak amid hopes that the number of reported new cases was slowing.

The FTSE 100 .FTSE added 0.9%, helped by a near 10% surge in travel company TUI TUIT.L after it said strong demand for holidays would help offset a hit from the Boeing (NYSE: BA ) BA.N 737 MAX aircraft groundings on its annual profit. easyJet EZJ.L and British Airways-owner IAG ICAG.L also added roughly 3% each and were among the biggest gainers on the blue-chip bourse.

The FTSE 250 .FTMC advanced 0.6%, led by a 4% rise in William Hill WMH.L after the bookmaker announced a partnership with U.S.-based CBS Sports.

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