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Industry shares take a big hit
It was a fairly dire day for travel and tourism shares yesterday as London’s equity markets fell following the assassination of the Hamas founder Sheikh Ahmed Yassin. The FTSE 100 index dropped 83.9 points to end the day at 4333.8, while the FTSE 250 closed at 6132.5, down 107.7 points. Ebookers fell back 97.5p to 300p on poor full-year results, while rival lastminute.com followed suit and dropped 13p to close at 191p. MyTravel took a huge hit, losing 5.5p to close at 9.5p after warning that a financial restructuring could lead to a dilution of its shares. Even Carnival, which announced better-than-expected quarterly earnings, lost value, falling 54p to close at 2421p. Alpha Airports 72.5p DOWN 1.75p BAA 514p DOWN 3.25p British Airways 259.75p DOWN 14.5p Carnival 2421p DOWN 54p De Vere 408p DOWN 4p EasyJet 295.75p DOWN 14.5p Ebookers 300p DOWN 97.5p EuroDisney 27.5p NO CHANGE Eurotunnel 34.25p DOWN 2p First Choice 131.75p UP 4.75p Hilton Group 218.75p DOWN 2.25p Holidaybreak 578p UP 4p Intercontinental 492.5p DOWN 11.5p Lastminute.com 191p DOWN 15p MyTravel 9.5p DOWN 5.5p P&O 216p DOWN 8.5p Rank Group 318p UP 0.5p Ryanair 282.75p DOWN 16.675p Stagecoach 74p DOWN 2p TBI 67p NO CHANGE Report by Tim Gillett, News From Abroad
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