De Vere shares soar on broker recommendation

Travel and tourism shares experienced mainly small movements yesterday as London’s main equity indices registered modest gains. The FTSE 100 index added 5.9 points to close at 4728.7, while the FTSE 250 put on 26 points to end the day at 6661.5. The biggest move was at De Vere, which gained 18.75p to close at 470p – its highest point for the last 12 months – after the broker UBS recommended it as a “buy”. Alpha Airports 92p DOWN 1p BAA 586.5p DOWN 1p British Airways 228.25p UP 1p Carnival 2997p UP 2p De Vere 470p UP 18.75p EasyJet 182p DOWN 2p ebookers 314.25p NO CHANGE EuroDisney 18p NO CHANGE Eurotunnel 18.25p UP 0.5p First Choice 141p UP 2.25p Hilton Group 261.75p UP 3p Holidaybreak 575p UP 25p Intercontinental 669.5p UP 0.5p Lastminute.com 114.75p UP 0.25p MyTravel 4.5p NO CHANGE P&O 304.75p DOWN 0.5p Rank Group 308p UP 2.5p Ryanair 376.01p DOWN 5.2p Stagecoach 100.25p UP 2.5p TBI 91.75p NO CHANGE Report by Tim Gillett, News From Abroad Ltd