London Markets: British Airways parent’s stock drop helps FTSE 100 end lower

U.K. stocks closed in the red Tuesday, led lower in part by a slide for British Airways-parent International Consolidated Airlines Group SA following a computer glitch at the carrier over the holiday weekend.

The FTSE 100 index UKX, -0.28% dropped 0.3% to end at 7,526.51, suffering its first loss in four sessions. The London market was closed Monday due to a holiday.

IAG’s stock IAG, -1.38%ICAGY, -0.35% was among the notable losers, closing down 1.4% after hundreds of BA flights were grounded due to a far-reaching failure of the carrier’s computer network. But the stock managed to finish off its session lows.

>>> Original Source <<<