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Hilton shares lose ground

Wednesday, 14 July 20043 min read

Many travel and tourism shares saw another day of falls as London’s main equity indices enjoyed mixed fortunes.

 

While the FTSE 100 index dropped back 2.3 points to close at 4357.7, the FTSE 250 did slightly better and climbed 21.2 points to end the day at 6109.4.

 

One share that fell significantly was Hilton which, according to The Guardian, lost 4.5p to 256.5p after the broker Citigroup downgraded the stock from “buy” to “hold”.

 

The two main no-frills carriers bucked the trend, however, with EasyJet gaining 3.5p to 147p and its rival Ryanair adding 5.625p to end the day at 315.5p.

 

Alpha Airports 92p NO CHANGE

BAA 556.5p DOWN 0.5p
British Airways 244.75p DOWN 5.25p
Carnival 2605p DOWN 7p

De Vere 434.75p DOWN 4.75p
EasyJet 147p UP 3.5p

ebookers 257.5p DOWN 2.5p

EuroDisney 24p NO CHANGE 
Eurotunnel 23p NO CHANGE

First Choice 117p DOWN 1.25p
Hilton Group 256.5p DOWN 4.5p
Holidaybreak 507p DOWN 0.5p

Intercontinental 561.5p DOWN 3p

Lastminute.com 180p UP 2.5p
MyTravel 7.5p UP 0.5p
P&O 226.25p UP 4.25p
Rank Group 297.5p UP 0.75p  

Ryanair 315.5p UP 5.625p

Stagecoach 90p DOWN 1.25p

TBI 64.25p DOWN 0.75p

 

Report by Tim Gillett, News From Abroad