P&O shares ride the waves
Travel and tourism shares saw mainly small movements yesterday as London’s equity markets made small gains.
The FTSE 100 index added 26.1 points to end the day at 4567.3, while the FTSE 250 gained 6.9 points to close at 6233.7.
The biggest move by a long way was at P&O which, as reported yesterday by News From Abroad, is to lay off 1,200 workers and close several of its cross-channel routes.
The company’s shares added 11.5p to close at 258.5p on news of its restructuring plan.
Alpha Airports 89p UP 0.5p
BAA 554p UP 2.5p
British Airways 206.25p NO CHANGE
Carnival 2765p UP 12p
De Vere 439.25p UP 5.5p
EasyJet 125p UP 5.25p
ebookers 214.5p DOWN 0.5p
EuroDisney 17.5p DOWN 0.5p
Eurotunnel 21p NO CHANGE
First Choice 131.5p UP 1p
Hilton Group 277p NO CHANGE
Holidaybreak 520p UP 2p
Intercontinental 627.5p UP 7p
Lastminute.com 136p DOWN 2.5p
MyTravel 6p UP 0.25p
P&O 258.5p UP 11.5p
Rank Group 280.5p DOWN 0.5p
Ryanair 277.12p DOWN 0.28p
Stagecoach 90p UP 1.25p
TBI 66.75p DOWN 0.25p
Report by Tim Gillett, News From Abroad Ltd
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