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Ebookers on the rise again

Thursday, 11 November 20043 min read

The online retailer ebookers led the way among travel and tourism shares yesterday as London’s main equity indices showed modesty gains.

The FTSE 100 index added 16.8 points to end the day at 4734.5, while the FTSE 250 did even better, gaining 24.3 points to close at 6495.7.

Ebookers put on an impressive 18p to finish at 285p – according to The Guardian, on rumours that chief executive Dinesh Dhamija was visiting financial institutions in New York to “thrash out the details” of merger or takeover deal.

The newspaper reports that a price of 350p per share was being talked about.

Alpha Airports 95.5p UP NO CHANGE

BAA 584p UP 1.5p

British Airways 225.75p UP 3.5p

Carnival 2994p UP 50p

De Vere 429.5p DOWN 0.75p

EasyJet 177.75p UP 2.75p

ebookers 285p UP 18p

EuroDisney 18p NO CHANGE

Eurotunnel 17.75p DOWN 0.25p

First Choice 136.5p DOWN 1.25p

Hilton Group 270p UP 4.75p

Holidaybreak 551p DOWN 2p

Intercontinental 669p UP 3.5p

Lastminute.com 113.25p UP 1p

MyTravel 4p UP 0.25p

P&O 279p UP 4.5p

Rank Group 285p UP 3p

Ryanair 354.77p UP 3.51p

Stagecoach 90p UP 0.5p

TBI 72.5p NO CHANGE

Report by Tim Gillett, News From Abroad Ltd