FTSE 100 ended the day 1.37% down having erased some earlier losses but still wounded from a big sell-off.
The UK benchmark closed at 6,933 - down around 96 points, with budget airline EasyJet (LON:EZJ) the biggest laggard, despite a record opening half to the year. Its shares dropped 9.77% to 1,654p.
The company said foreign exchange rates and an early Easter would likely mean a fall in revenues of four percentage points for the third quarter.
Conversely, miners were on the up with Fresnillo (LON:FRES) and Randgold Resources (LON:RRS) both making gains. The biggest gainer was credit analysis specialist Experian (LON:EXP), which added 3.14% to 1,214p.
Away from the FTSE 100, and to 250 Thomas Cook (LON:TCG) was handed an upgrade by Credit Suisse which now reckons the shares will outperform on the travel firm with a target price of 180p. Shares added 2.03% to 156.10p.
In small caps, China gas drilling company Greka Drilling (LON:GDL) is confident it can reignite its fortunes this year. Shares added 0.72% to 8.41p.
Another big riser was African Copper (LON:ACU). The company issued a correction to an earlier statement that said it would remain subject to the City Code on Takeovers and Mergers once its listing on AIM has been cancelled. Shares climbed 33.33% to 0.20p.
The biggest London gainer of the day was Aurasian Minerals (LON:AUM). The company said it has formed a joint venture with investment company Sahamit Phattana to undertake exploration activities in Laos, South-East Asia. Shares rocketed 74.6% to 0.55%.
On the other side of the coin, a big faller was media brand building company Reach4Entertainment (LON:R4E) after it said it expects to report a loss in 2014 far below market expectations. Shares plummeted 35.85% to 0.85p.
Elsewhere, marble quarry owner Fox Marble (LON:FOX) has raised £2mln to pay off an outstanding convertible loan and buy more processing equipment. Shares dropped 4.09% to 20.5p.
Patagonia Gold (LON:PGD) added 4.17% to 3.125p after it uncovered bonanza grades of gold and silver at its Cap-Oeste project in Argentina, similar in style to its nearby COSE deposit.
The miner is in-fill drilling at Cap-Oeste to boost its oxide resources and said four of the five holes intersected COSE style mineralisation within a sub-vertical shoot.
Circle Oil (LON:COP) dropped 1.94% to 12.625p as it announced the spudding of the LAM-1 well on the Lalla Mimouna permit, onshore Morocco.
The well is targeting the Miocene gas-bearing sands, similar to the Sebou discoveries made previously by Circle in the Sebou Permit to the south of Lalla Mimouna.