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MyTravel shares rise on trading statement

Friday, 1 April 20053 min read

MyTravel bucked the trend on a difficult session for travel and tourism shares.

London’s two main equity indices moved in different directions yesterday; the FTSE dropped 6.3 points to end the day at 4894.4, while the FTSE 250 moved sharply in the other direction, adding 46.9 points to close at 7130.5.

Shares in MyTravel gained 0.375p to close at 5.75p – a rise of around six per cent on the day – following an upbeat trading statement in which it said it was “making very good progress at improving revenues and cutting costs”.

Alpha Airports 95p NO CHANGE

Avis Europe 64p UP 0.5p

BAA 583.5p DOWN 1.5p

British Airways 264p UP 0.75p

CNG Travel Group 68p DOWN 2p

Carnival 2906p DOWN 17p

CenterParcs 61.5p Up 1p

De Vere 533p NO CHANGE

EasyJet 215.75p UP 7.5p

ebookers 319.5p NO CHANGE

EuroDisney 9.5p NO CHANGE

Eurotunnel 15p DOWN 1.5p

First Choice 172.75p UP 1.25p

Hilton Group 301p UP 3.5p

Holidaybreak 633.5p DOWN 9.5p

Intercontinental 617.5p UP 0.5p

Lastminute.com 116p NO CHANGE

MyTravel 5.75p UP 0.375p

P&O 289.5p NO CHANGE

Rank Group 273.75p UP 1.75p

Ryanair 417.5p UP 9p

Stagecoach 110.5p UP 3.25p

Report by Tim Gillett, News From Abroad Ltd