There were mixed fortunes for travel and tourism stocks yesterday as London’s main equity indices moved in different directions.
The benchmark FTSE 100 index dropped some 48.3 points to end the day at 4464.1, while the broader-based FTSE 250 went in the other direction, adding 20.2 points to finish the session at 6277.9.
Lastminute.com’s shares dropped back 3.5p to 180.5p after it announced it had bought its German namesake, lastminute.de, in a £31 million deal.
The Times reports that the deal represents the British company’s 14th acquisition since it was listed on the Stock Exchange four years ago.
Alpha Airports 87.5p NO CHANGE
BAA 553.5p UP 2p
British Airways 275.5p DOWN 3.25p
Carnival 2678p DOWN 19p
De Vere 440p DOWN 2.5p
EasyJet 159.5p UP 3.25p
ebookers 271.5p DOWN 3.5p
EuroDisney 24.5p UP 3p
Eurotunnel 25.5p UP 2.25p
First Choice 125p NO CHANGE
Hilton Group 276p UP 3.5p
Holidaybreak 510.5p DOWN 3.5p
Intercontinental 582.5p UP 11p
Lastminute.com 180.5p DOWN 3.5p
MyTravel 8p NO CHANGE
P&O 220p UP 5.25p
Rank Group 300p UP 2.75p
Ryanair 307.25p UP 4p
Stagecoach 89.5p UP 0.5p
TBI 66.5p UP 1.5p
Report by Tim Gillett, News From Abroad
