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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

FTSE 100 movers: Travel shares rally; ITV goes ex-dividend

(Sharecast News) - London's FTSE 100 was up 0.4% at 7,614.07 in afternoon trade on Thursday. Travel-related shares were on the rise, perhaps boosted by a solid update from low-cost airline Wizz Air, which said it was expecting to ramp up capacity beyond pre-pandemic levels for its summer schedule as it forecast a better-than-expected final quarter.

InterContinental Hotels, BA and Iberia owner IAG and Premier Inn owner Whitbread all rallied.

On the downside, broadcaster ITV fell as it traded without entitlement to the dividend.

Smiths Group was also in the red after it announced the appointment of Clare Scherrer as chief financial officer with effect from 29 April, succeeding John Shipsey.

FTSE 100 - Risers

InterContinental Hotels Group (IHG) 5,170.00p 3.69% Whitbread (WTB) 2,907.00p 3.38% International Consolidated Airlines Group SA (CDI) (IAG) 144.82p 3.22% Rolls-Royce Holdings (RR.) 92.42p 2.65% Land Securities Group (LAND) 766.40p 2.41% Compass Group (CPG) 1,676.50p 2.23% Smurfit Kappa Group (CDI) (SKG) 3,145.00p 2.08% Flutter Entertainment (CDI) (FLTR) 8,570.00p 2.02% Halma (HLMA) 2,519.00p 1.90% Lloyds Banking Group (LLOY) 44.93p 1.80%

FTSE 100 - Fallers

Dechra Pharmaceuticals (DPH) 3,940.00p -3.53% ITV (ITV) 76.62p -3.14% Coca-Cola HBC AG (CDI) (CCH) 1,566.50p -2.06% BT Group (BT.A) 185.75p -1.72% Airtel Africa (AAF) 147.10p -1.41% Imperial Brands (IMB) 1,649.50p -1.20% British American Tobacco (BATS) 3,234.50p -0.89% Ocado Group (OCDO) 1,143.50p -0.87% B&M European Value Retail S.A. (DI) (BME) 535.00p -0.82% Smiths Group (SMIN) 1,426.00p -0.77%

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

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