CNBC Stock Blog

London Movers: British Airways

Shares in British Airways , which struck a deal with thousands of workers to either work for free for a month or accept pay cuts and unpaid leave to pull the flag carrier, shot up nearly 3 percent in London Friday.

The British flag carrier had been locked in talks with trade unions over the measures and press reports had suggested some staff were angry at chief executive Willie Walsh's request that they work for free to save the airline.

Mining and oil sector were driving up London's FTSE-100 index, with oil services company Petrofac on top, up 4.2 percent, as the price of oil rose.

Mining and metals company Kazakhmys, with operations mainly in Kazakhstan and the surrounding region, was also among the gainers, with its shares up 3 percent.

Xstrata, Lonmin and Antofagasta were also up.