Thursday sees British Airways and lastminute.com enjoy spectacular gains
Travel industry shares enjoyed a positive day yesterday as London’s equity markets bounced back after a series of losses.
The FTSE 100 index added 1.4 per cent to its value, putting on 54 points to close at 3990.4 – within spitting distance of the psychologically-important 4,000 barrier. The broader based FTSE 250 index made similar gains, adding 44.6 points to close at 4679.8. It was a relatively busy day with 2.7 billion shares bought and sold.
Airline shares had mixed fortunes; while British Airways added 7.75p to close at 131.25p, EasyJet dropped 3.25p to 187.5p and Ryanair lost 3.5p for a 400p finish. The online retailer lastminute.com had a great session, adding 10p to close at 121p. MyTravel edged up an eighth of a penny to 17.75p, and First Choice lost 0.5 to end the day at 85.5p.
