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First Choice should be 'first choice' for investors

Thursday, 28 October 20043 min read

There were mixed fortunes for travel and tourism shares yesterday London’s main equity indices pushed ahead.

The FTSE 100 index added 46.7 points to end the day at 4630.1, while the FTSE 250 gained 45.5 points to close at 6322.5.

Ebookers is once again subject to takeover rumours; The Guardian reporting that Priceline.com is “stalking the company” and had offered 270p per share. The ebookers share price dipped 2p to 220.75p.

Meanwhile, The Independent says that First Choice should be the “first choice” for investors in the leisure sector because profits are climbing steeply again. It says that chief executive Peter Long should be trusted to steer the company through the clouds, and that the shares are “worth holding”.

Alpha Airports 85p UP 3.5p

BAA 572p UP 3p

British Airways 206.5p UP 0.25p

Carnival 2897p UP 23p

De Vere 424.5p UP 4.5p

EasyJet 157.75p DOWN 1p

ebookers 220.75p DOWN 2p

EuroDisney 18p NO CHANGE

Eurotunnel 20.25p NO CHANGE

First Choice 133p UP 2p

Hilton Group 257.75p DOWN 0.25p

Holidaybreak 538p DOWN 1.5p

Intercontinental 657.5p DOWN 3.5p

Lastminute.com 104p DOWN 0.25p

MyTravel 4.25p DOWN 0.125p

P&O 269.25p DOWN 1.75p

Rank Group 289.5p DOWN 1.25p

Ryanair 268.35p UP 2.78p

Stagecoach 90p DOWN 0.75p

TBI 71.5p NO CHANGE

Report by Tim Gillett, News From Abroad Ltd