Ryanair shares fly on results

Travel and tourism shares enjoyed an exceptional session yesterday as London’s main equity indices moved ahead. While the benchmark FTSE 100 index gained 19.4 points to close at 4693.2, the broader-based FTSE 250 did much better, adding 41.7 points to end the day at 6402.9. By far the biggest mover was Ryanair, which put on 44.65p to close at 323.43p after releasing positive half-year results. Its rival EasyJet also did well, adding 11p and ending the session at 170.5p. Alpha Airports 90p UP 2.5p BAA 575.5p UP 2p British Airways 218.75p UP 2.75p Carnival 2950p UP 29p De Vere 434.25p UP 7.25p EasyJet 170.5p UP 11p ebookers 261.75p DOWN 5.25p EuroDisney 18p NO CHANGE Eurotunnel 18.75p UP 0.75p First Choice 135.75p UP 0.75p Hilton Group 267.5p UP 6.25p Holidaybreak 546p UP 3.5p Intercontinental 675p UP 9.5p Lastminute.com 114.75p UP 0.75p MyTravel 4.25p NO CHANGE P&O 268.5p UP 0.75p Rank Group 287.75p UP 0.75p Ryanair 323.43p UP 44.65p Stagecoach 89p DOWN 0.75p TBI 72.75p UP 0.25p Report by Tim Gillett, News From Abroad Ltd