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BA shares soar as oil price drops

Thursday, 14 October 20043 min read

There were mainly downward movements for travel and tourism shares yesterday – with one major exception – as London’s main equity markets fell back again.

The FTSE 100 index lost 13.1 points to close at 4634.8, while the FTSE 250 did even worse, shedding 41.6 points to end the day at 6271.3.

The biggest move came at British Airways which, after seeing oil prices fall, gained 9.5p to close at 209p.

The biggest fall was at ebookers, which fell 31.5p to end the day at 179p.

The Guardian reports that the online retailer is today due to give traders an update on takeover talks.

Alpha Airports 88p DOWN 0.5p

BAA 571p UP 5p

British Airways 209p UP 9.5p

Carnival 2847p UP 16p

De Vere 425p DOWN 2p

EasyJet 122.5p UP 1.5p

ebookers 279p DOWN 31.5p

EuroDisney 19.5p NO CHANGE

Eurotunnel 21.75p DOWN 0.5p

First Choice 133p DOWN 1.5p

Hilton Group 276.75p UP 3.5p

Holidaybreak 529p DOWN 2p

Intercontinental 661p UP 11p

Lastminute.com 103.5p DOWN 5.5p

MyTravel 5p DOWN 0.25p

P&O 272p UP 3p

Rank Group 293.5p UP 2.75p

Ryanair 256.64p UP 2.49p

Stagecoach 91p DOWN 0.5p

TBI 71.5p DOWN 0.25p

Report by Tim Gillett, News From Abroad Ltd