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Travel Stockwatch
Wednesday sees industry shares fall back in line with equity markets
Travel industry shares had a tough time of things yesterday as London’s equity markets saw blue chip shares fall to their lowest levels in two weeks. The FTSE 100 index of leading shares fell 1.2 per cent, dropping 50.6 points to end the day at 4070.4, while the FTSE 250 had a similar day, falling back 59.1 points to 5296.0.
There was little joy among the airlines, with British Airways falling back 8p to close at 163.75p, easyJet dropping half a penny to 232p and Ryanair losing 2p to end the day at 426.5p.
Online retailers fared little better; ebookers lost 30p for a 552.5p close, and lastminute.com dropped back half a penny to 245.5p after spectacular recent gains. First Choice Holidays was static at 117p, while MyTravel added a penny to end the day at 27.5p.
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