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FTSE 250 movers: Property stocks gain, travel sector slides
(Sharecast News) - FTSE 250: 19,023.25, +67.20 at 1436 GMT. London stocks extended gains after a softer US inflation reading, which boosted sentiment.
Property stocks gained on a read across from property developer and investor Great Portland Estates which said on Wednesday that it had delivered "a record leasing year", driven by sustained demand for its "high quality spaces", most notably its fitted and fully managed products. Shopping centre owner Hammerson rose on the news, as did Tritax Eurobox.
Tullow Oil was knocked lower by a downgrade to 'underperform' at Jefferies.
Travel and airline stocks were also out of favour with budget airline easyJet and Wizz Air lower. Holiday giant Tui was down, as was rail and airport food outlet operator SSP Group. Cruise line company Carnival
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