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Travel Stockwatch
It was a fairly quiet day for travel industry shares yesterday as London’s equity markets stalled after several positive sessions last week.
Amid profit-taking by dealers, the FTSE 100 index lost 3.9 points to close at 4270.1, while the broader-based FTSE 250 did better, gaining 36 points to end the day at 5628.5 – a gain of 0.6 per cent.
Only the online retailers showed any significant movement; ebookers lost 27p to close at 446.5p – the shares are now trading at a significant discount to their 12-month high of 635p – while lastminute.com moved in the other direction and gained 12p to close at 270.5p.
Among the airlines, British Airways gained half a penny to close at 178.5p, easyJet fell back 3p for a 229.5p finish, and Ryanair lost 4p to end the day at 418.5p.
First Choice Holidays was static at 118.5p despite announcing plans for a major re-branding exercise, and MyTravel lost three quarters of a penny to close at 18.25p.
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