On Tuesday, easyJet (6p lower at 1567p) revealed revenues per seat were down 3.7%, also blaming the recent terror attacks.
The FTSE 100 treaded water today, up 1.12 points at 5991.49 after the US Federal Reserve decided to keep interest rates unchanged as expected, but indicated it was keeping a close eye on the state of the global economy.
With the oil and metals prices stable for a change, miners and energy firms topped the blue-chip chart.
The dead cat bounce continued for beleaguered Anglo American, which jumped 22.1p or 9% to 275.85p as it revealed it kept up the pace of mining last year despite heavy falls for the prices of the commodities it digs for.
Oil prices have been tumbling (Picture: Getty Images)
Spencer Platt/Getty Images
Investors dumped shares in equipment rental firm Ashtead, which fell 60.5p or 6% to 905.6p on the back of disappointing results across the Atlantic for rival United Rentals, caused by the oil and gas downturn.
Ashtead’s house broker Jefferies rushed to soothe investors’ concerns, insisting that it is less reliant on revenues from the American energy sector than United.
Bruised by Apple’s weaker outlook yesterday, shares in chip designer ARM Holdings fell another 9.5p to 986p after US competitor Qualcomm’s profits crashed 24% in the first quarter, sparking concerns that slowing sales of the iPhone will hit other suppliers including ARM.
Elsewhere, the rally continued for blur Group, the former AIM tech star which in 2015 was forced to restate revenues for previous years by the accounting watchdog. Its shares rose 2.6p to 16.6p as it claimed losses for last year would be smaller than expected.
