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Horrendous day for travel shares

Tuesday, 11 May 20043 min read

It was an horrendous day for  travel and tourism shares yesterday, with falls galore as London’s main equity indices lost ground.

 

The FTSE 100 index closed down 103.2 points at 4395.2 – its biggest one-day fall for a year – while the FTSE 250 dropped a huge 170.6 points to end the day at 5942.9.

 

Among the biggest fallers were British Airways – The Guardian blamed a 13.25p fall to 254p on “concerns over oil prices” – and lastminute.com, which fell back 8p to 171p.

 

Alpha Airports 76.5p DOWN 0.5p

BAA 512.5p DOWN 11p
British Airways 254p DOWN 13.25p
Carnival 2331p DOWN 89p

De Vere 443p DOWN 4p
EasyJet 220.25p DOWN 9.75p
ebookers 277p DOWN 8p

EuroDisney 26.5p DOWN 0.5p
Eurotunnel 25p DOWN 0.75p

First Choice 119p DOWN 1p
Hilton Group 237.25p DOWN 8.75p
Holidaybreak 497p DOWN 5p

Intercontinental 502.5p DOWN 16.5p

Lastminute.com 171p DOWN 8p
MyTravel 7.25p NO CHANGE
P&O 216.25p DOWN 3.5p
Rank Group 309p DOWN 10p 

Ryanair 295p DOWN 2p

Stagecoach 76.5p DOWN 3.25p

TBI 65.25p DOWN 1.5p

 

Report by Tim Gillett, News From Abroad