Monday sees Ebookers hit another year-high as markets suffer from profit taking
There were mixed fortunes for travel industry shares yesterday as London’s equity markets suffered from profit taking.
Dealers who had seen gains in recent days sold heavily, and all the main indices saw a decline. The FTSE 100 index closed 0.5 per cent down, having lost 21.7 points to close at 4129.1, while the broader-based FTSE 250 index fell 31 points to close at 5019.6. It was not a particularly busy day, with 2.4 billion shares changing hands before the 6pm count.
Ebookers was probably the best performer of the day, adding 10p for yet another year-high of 460.50p, while its online rival lastminute.com lost 2p to close at 150p. MyTravel lost 2.5p to close at 20.5p after releasing its results, but First Choice did better, adding 3p for a 110.5p finish.
Among the airlines, British Airways lost 6.25p to close at 163p, EasyJet put on a penny to end the day at 202p, and Ryanair closed at 433p, up 8p on the day.
