Traders were keen on travel companies on Monday after the vaccination news (David Cheskin/PA)Global markets were boosted on Monday on the news that another vaccine had shown positive results in trials. Moderna revealed during the afternoon, UK time, that a Covid-19-busting vaccine was effective 94.5% of the time in combating the illness. Like when Pfizer announced strong results last week, Rolls-Royce was the top of the pile on the FTSE 100, adding nearly 10% to its share price. There was little market-moving news on what was otherwise a quiet day for London’s top index, but Vodafone’s resilient results helped push the company close to the top of the FTSE 100. The biggest fallers on the FTSE 100 were Ocado, down 94p to 2,189p, Rentokil Initial, down 20.2p to 522.2p, Flutter Entertainment, down 470p to 13,000p, Just Eat Takeaway.com, down 280p to 8,134p, and Segro, down 27.6p to 896.8p.

Source: Irish Independent November 16, 2020 17:26 UTC