Travel and tourism shares suffered once again yesterday as London’s equity markets took another big hit.
The FTSE 100 index dropped 41.8 points to end the day at 4412.9, while the FTSE 250 fell 32.2 points to end the day at 5969.
Among industry stocks, the biggest move was at lastminute.com, which dropped 7p to close at 165p – this compared to the share’s 12-month high of 318p.
The Guardian attributes the fall to dealers realising that vice-chairman Clive Jacobs is free to sell his share once today’s second-quarter figures are announced. The newspaper states that “it would not be a surprise if he decided to sell today”.
Alpha Airports 76p NO CHANGE
BAA 526.5p DOWN 0.5p
British Airways 253p DOWN 10.5p
Carnival 2360p DOWN 6p
De Vere 433p DOWN 4.75p
EasyJet 219.5p DOWN 0.75p
ebookers 270p DOWN 10p
EuroDisney 25p DOWN 1.5p
Eurotunnel 25.25p NO CHANGE
First Choice 121.5p UP 1.5p
Hilton Group 237.75p DOWN 1.75p
Holidaybreak 488p DOWN 10.5p
Intercontinental 494p DOWN 4p
Lastminute.com 165p DOWN 7p
MyTravel 7.5p UP 0.25p
P&O 220p DOWN 0.5p
Rank Group 312.75p DOWN 0.5p
Ryanair 295.75p DOWN 9.375p
Stagecoach 77.75p UP 0.25p
TBI 65.5p NO CHANGE
Report by Tim Gillett, News From Abroad
