Afternoon Markets: FTSE flies on BA passenger numbers

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The FTSE 100 was heading upwards this afternoon after a turbulent day of trading in London, up 18.38 points (0.43%) to 4,252.65.

British Airways was the biggest gainer, up 6.72% to 127p, as figures released today revealing its June passenger numbers were better than expected, though still down 3.8%. Banks fared well, with Barclays adding 2.84% to 297.2p and Lloyds up 2.82% to 67.76p. Friends Provident continued to lead the day's losers, down 6.89% to 63.4p after its demerger from F&C. Wall Street markets were closed today for a public holiday.

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