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Thursday, 10 July 20033 min read

Wednesday sees industry shares reflect market’s downward trend

Travel industry shares suffered yesterday on a day when London’s equity markets saw little movement.

The benchmark FTSE 100 index lost 0.5 per cent of its value, dropping 18.9 points to close at 4054.7, while the FTSE 250 pushed ahead 12.9 points to reach 5141.8, its highest point for nearly a year. Dealers were fairly busy with 2.8 billion shares bought and sold before the 6pm count.

The online provider ebookers fell back 7.5p to 472.5p after a successful run, while lastminute.com lost a quarter of a penny to close at 186.5p.

Among the airlines, British Airways gained 1.25p to close at 170p, EasyJet fell back 8p for a 241p finish, and Ryanair closed down 6p at 403p. First Choice Holidays gained 1.25p to close at 119.75 and MyTravel was static at 25p.