UK: Few drastic movements for industry stocks on a quiet day’s trading
Blue chip shares on London’s equity markets saw a sharp reverse yesterday as dealers’ attentions moved from the events in the Gulf to the state of the domestic economy. The FTSE 100 share index lost 1.5 per cent of its value, dropping 58.1 points to end the day at 3803.3, on a quiet day’s trading that saw 1.9 billion shares traded by the 6pm count.
In the travel sector there were few drastic movements either way. British Airways put on 0.25p to close at 115.5p, Easyjet lost 3p for a 217p finish, while no-frills rival Ryanair also had a negative session, losing 9p to end the day at 452p. Both British Airways and EasyJet are now trading at levels more than 50 per cent down on their respective high points for the last 12 months.
First Choice had a good day, putting on 3p to finish at 92.5p, while MyTravel lost 1.125p to end the day at 11p. Lastminute.com added 0.75p for a closing price of 88.75p.
