Wizz Air, IAG and Rolls surge as oil falls on Iran ceasefire

Travel and aerospace stocks led gains in London on Wednesday after the US-Iran ceasefire relieved tension across the sector. Wizz Air Holdings PLC (AIM:WIZZ) and easyJet PLC (LSE:EZJ) were among the strongest FTSE 350 performers, rising more than 13% and 10% respectively, while cruise operator Carnival PLC (LSE:CCL) gained close to 10% and British Airways owner International Consolidated Airlines Group SA (LSE:IAG) advanced 8.5%.