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Travel Stockwatch

Thursday, 26 June 20033 min read

Ebookers shows the way as Wednesday’s markets see few winners in sector

Wednesday was a largely negative day for travel industry shares on London’s equity markets, during a session that saw the main indices make modest gains.

The FTSE 100 index moved ahead seven points to close at 4067.9, while the FTSE 250 index added 15.2 points to close at 4947.8. While gains were small, dealers had one of their busiest days in recent months, with 3.4 billion shares traded before the 6pm count.

The online retailer ebookers was the only share to make serious gains, adding 17.5p to close at 425p after several days in decline. Lastminute.com remained static at 154.75p.

Among the airlines, British Airways lost 1.5p for a 151.5p close, EasyJet dropped 9.25p to close at 224.25, while Ryanair closed at 408.5p, 8p down. First Choice holidays dropped half a penny to close at 111.5p, while MyTravel lost the same amount to end the day at 19.75p.