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Lastminute.com puts in strong performance
There were several strong performances among travel and tourism shares yesterday as London’s main equity market notched up a small gain. The FTSE 100 index gained 15.1 points to close at 4480.7, while the FTSE 250 dropped 7.4 points to end the day at 6324.8. The best performer was lastminute.com, which climbed some 9% in anticipation of a positive trading statement. The online agent said trading during the second quarter has been ahead of expectations. It posted total transaction value for the quarter by departure basis as slightly ahead of the £160 million that was indicated. British Airways climbed 5.75p to 304p on good March figures, while easyjet gained 2.75p to close at 306.75p after the City broker Cazenove upgraded the share to “buy” status. Alpha Airports 77.5p DOWN 0.5p BAA 527p UP 6p British Airways 304p UP 5.75p Carnival 2603p UP 15p De Vere 450p NO CHANGE EasyJet 306.75p UP 2.75p Ebookers 301.5p DOWN 16.5p EuroDisney 25.5p NO CHANGE Eurotunnel 37.25p UP 1p First Choice 137p NO CHANGE Hilton Group 232.5p DOWN 1p Holidaybreak 566p NO CHANGE Intercontinental 505.5p UP 2.5p Lastminute.com 225p UP 18.25p MyTravel 9.5p DOWN 0.25p P&O 221p DOWN 1p Rank Group 317.5p DOWN 11.25p Ryanair 330.75p UP 3.375p Stagecoach 79p NO CHANGE TBI 67p NO CHANGE Report by Tim Gillett, News From Abroad
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