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Travel stockwatch

Friday, 15 August 20033 min read

The FTSE 100 index of top shares hit its biggest high in 12 months yesterday, closing at 4,238.8, up 57.1 points on the previous day.

The surge was evidence of a new mood of optimism about the economy among corporate investors, stock market experts said.

One of the high rollers during Thursday’s trading was Intercontinental Hotels, which rose by 20.5p to 525p.

There were mixed fortunes elsewhere on the travel front. British Airways lost 3.25p to finish on 169p, bu easyJet climbed by 4p, closing at 239.5p.

MyTravel and First Choice holidays had a static day, remaining on 26.5p and 118p respectively.