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Travel Stockwatch
Ebookers powers ahead as Tuesday markets stagnate in the sunshine
Travel industry shares suffered yesterday – with one glaring exception – as London’s equity markets struggled to make any headway. On a day when many dealers’ minds were probably closer to the beach than the bourse, the FTSE 100 index gained just 1.7 points to close at 4100.1, while the FTSE 250 index drifted backwards slightly, ending the day 3.1 points down at 5342.0.
The clear winner on the day was ebookers, which gained 12.5p to close at 562.5p after releasing its figures for the three months to the end of June. Lastminute.com fell a penny to 211p ahead of releasing its results today – in early trading this morning the online firm’s price has moved ahead to 211p, up 10p.
Among the airlines there was little joy; British Airways fell back 1.5p to 169.5p, easyjet dropped 4.75p to close at 228p, and Ryanair lost 13p to end the day at 418p. First Choice Holidays added 1.5p to close at 117.5p and MyTravel ended the day at 27.75p, down 3.25p.
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