British Airways shares drop again

Thursday, 07 May, 2004 0

Travel and tourism shares had a rough ride yesterday as London’s equity markets suffered their biggest one-day fall in several weeks.

 

The FTSE 100 index dropped 53.3 points to end the day at 4516.2, while the FTSE 250 index fell back 50.7 points to end closed the session at 6168.1.

 

British Airways had another poor day, losing 11.25p to close at 268.75p after one broker cut its earnings forecast for the flag-carrier.

 

Ryanair also suffered, falling back 9.375p to close at 293p – not far ahead of its 12-month low of 282.75p.

 

Alpha Airports 77p NO CHANGE

BAA 523p DOWN 9p
British Airways 268.75p DOWN 11.25p
Carnival 2460p DOWN 37p

De Vere 440p DOWN 3p
EasyJet 225p UP 6p
ebookers 277.75p DOWN 5.25p

EuroDisney 27p NO CHANGE
Eurotunnel 24.5p DOWN 1.5p

First Choice 122.5p DOWN 2.25p
Hilton Group 248p DOWN 2.5p
Holidaybreak 503.5p UP 5.5p

Intercontinental 525p DOWN 10.5p

Lastminute.com 190p DOWN 6p
MyTravel 7.5p DOWN 0.5p
P&O 215p DOWN 2.25p
Rank Group 318p DOWN 1p 

Ryanair 293p DOWN 9.375p

Stagecoach 81.5p DOWN 0.5p

TBI 66.5p DOWN 0.25p

 

Report by Tim Gillett, News From Abroad



 



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