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Travel Stockwatch
Largely-positive day for industry shares as Thursday sees the markets rise
It was a largely positive day for travel industry shares yesterday, as London’s equity markets pushed ahead after a couple of quiet days.
The FTSE 100 index of leading shares gained 1.5 per cent in value, adding 63.1 points to close at 4149.6, while the broader-based FTSE 250 also did well, gaining 35.3 points to end the day at 5224.7. Dealers were very busy and 3.1 billion shares were traded before the 6pm count.
Once again, online retailers had a good day, with ebookers adding 10p to close at 532.5p, while lastminute.com, still subject to takeover rumours, added 3.75p to close at 218.25p. Anyone who bought the shares at the 12-month low point would now be sitting on a 720 per cent profit.
Things were also good on the high street, with First Choice Holidays adding 2.5p to close at 118.5p and MyTravel adding 5p for a 35p finish after two negative days. British Airways lost a penny to close at 168p, while EasyJet added three quarters of a penny to close at 229p and Ryanair added 3.5p to end the day at 415.5p.
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