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TBI shares rise on more 'takeover rumours'

Thursday, 21 October 20043 min read

There were mainly downward movements for travel and tourism shares yesterday as London’s equity markets slumped.

The FTSE 100 index dropped 38.8 points to end the day at 4616.4, while the FTSE 250 closed at 6244.6, 45.1 points down.

The two biggest moves were at airports operator TBI, up 1.5p at 71.25p – The Guardian suggests that takeover rumours may have resurfaced – and Ryanair, down 7.08p to 253.72p.

Alpha Airports 87p DOWN 1p

BAA 565.5p DOWN 1p

British Airways 204.5p DOWN 2.25p

Carnival 2828p DOWN 31p

De Vere 425p NO CHANGE

EasyJet 126.25p UP 0.75p

ebookers 192p UP 0.75p

EuroDisney 18p DOWN 0.5p

Eurotunnel 20.25p DOWN 0.25p

First Choice 133.75p DOWN 0.25p

Hilton Group 262.5p DOWN 3.5p

Holidaybreak 535p DOWN 4.5p

Intercontinental 657.5p DOWN 11p

Lastminute.com 103.5p UP 0.5p

MyTravel 4p DOWN 0.25p

P&O 266p DOWN 1p

Rank Group 291p DOWN 2p

Ryanair 253.75p DOWN 7.08p

Stagecoach 89p DOWN 0.5p

TBI 71.25p UP 1.5p

Report by Tim Gillett, News From Abroad Ltd