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Travel Stockwatch

Thursday, 4 September 20033 min read

Wednesday sees industry shares soar as markets put in strong performance

Travel industry shares had a largely successful day yesterday as London’s equity markets put in a strong performance. The FTSE 100 index managed to gain 1.4 per cent in value to close at 4262.1, 57.7 points ahead, while the broader-based FTSE 250 put on 91.6 points to close at 5778.9 – a rise of 1.6 per cent. One of the busiest days of the year saw dealers buy and sell some 4.1 billion shares on the day.

Airline shares did well; British Airways put on 7p to close at 206p, EasyJet gained 9.5p for a 254.75p finish, and Ryanair put on 4.5p for a closing price of 453.5p. Online retailers had mixed fortunes; ebookers pushed ahead to 600p, a gain of 26.5p, while lastminute.com lost 7p to close at 279p. First Choice Holidays put on 3p to close at 113.5p while MyTravel was static at 24p.