British Airways plunged nearly 17% to 139.7p and travel stocks including TUI and Thomas Cook were also among the biggest losers. Pharmaceutical companies GlaxoSmithKline, AstraZeneca, Shire and Smith and Nephew rallied. GSK gained more than 4% to £10.51.
Monday, April 27, 2009
Stocks get another punch in the gut - but pharmaceuticals soar
SHOOT: British Airways has crashed by 17%. Some drug makers have seen their value go up over 20%, and in one case, a vaccine maker, by over 70%.