There were mainly small movements for travel and tourism shares yesterday as London’s equity markets registered decent gains.
The FTSE 100 index added 22.2 points to end the day at 4681.8, while the broader-based FTSE 250 index jumped 68 points to close at 6401.
The biggest news – if not the biggest move – was at lastminute.com, which lost 1p to close at 134p after admitting that its earnings for the next quarter would be towards the lower end of market expectations.
David Howell, finance director, is quoted in The Independent as saying: “It has been very tough. Summer bookings were incredibly late.” The newspaper also reports the online retailer’s plans to cut costs by closing 10 offices and dispense with 350 jobs – 220 of them in the UK.
Alpha Airports 88.5p NO CHANGE
BAA 567.5p DOWN 0.5p
British Airways 216.5p UP 1.75p
Carnival 2845p UP 58p
De Vere 430.5p UP 0.5p
EasyJet 131p UP 2.75p
ebookers 227.25p UP 5.75p
EuroDisney 20.5p UP 0.5p
Eurotunnel 21.75p UP 0.25p
First Choice 134.75p UP 1.25p
Hilton Group 281.5p UP 1.5p
Holidaybreak 533p UP 6p
Intercontinental 662p UP 15.5p
Lastminute.com 134p DOWN 1p
MyTravel 6p UP 0.25p
P&O 270p UP 9.75p
Rank Group 290.25p UP 6.75p
Ryanair 279.84p UP 1.07p
Stagecoach 93p UP 2.5p
TBI 67p DOWN 0.25p
Report by Tim Gillett, News From Abroad Ltd
