Travel Stockwatch - TravelMole


Travel Stockwatch

Thursday, 10 Oct, 2003 0

A buoyant day’s trading on Wall Street helped the FTSE 100 to climb close to its year-high mark.

The index of blue chip companies ended yesterday’s session at 4313.9, 45.3 points up, and more than 220 points ahead of its tally nine days ago when it fell below 4100.

The rally for the Footsie was partly encouraged by the Bank of England’s decision to peg interest rates yet again. The base rate remains at 3.5%, the lowest for nearly half a century.

There was little or no movement for holiday firms on the market, with My Travel shares closing unchanged at 18p, and First Choice Holidays adding just 0.75p to finish on 124.50p.

Shares in airlines continued to rocket, however. British Airways put on 6.5p to hit 184p, easyJet added 8p to end on 243p, and Ryanair closed on 449p, up 20p.



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