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Market wrap: London stocks continue recovery after early week falls

London stocks continued to recover on Wednesday after their falls at the beginning of the week.

The FTSE 100 finished Wednesday trading at 6,998, up 1.7% over the day, while the FTSE 250 rose by 1.9% to 6,998.

Whitbread, which owns Travelodge, enjoyed a 6.1% rise to 3,012p, on hopes that the summer lifting of restrictions would bring people back to its hotels.

Elsewhere in the blue-chip index, Landsec and British Land both surged, with their stocks up 4.1% at 690.2p and 4% at 509p respectively.

London-focused REITs also rose, with Capco up 3.4% at 168.2p, Shaftesbury up 2.7% at 587p and Derwent London up 2.6% at 3,519p.

Hammerson also saw a 6.1% rise to 37.7p.

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Photo by energepic.com from Pexels

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