EasyJet shares drop again
Travel and tourism shares had a difficult day yesterday as London’s equity markets slumped. Amid renewed fears of ever-higher oil prices, the FTSE 100 index lost some 50.9 points to close at 4564.5, while the broader-based FTSE 250 dropped 45.6 points to end the day at 6241.6. The most significant move of the day was at easyJet, which lost 5p to end the day at 147p. The Guardian states that this was because of profit-taking, following last week’s news of Icelandair building a stake in the no-frills carrier. Alpha Airports 82p DOWN 1p BAA 562p NO CHANGE British Airways 203.75p DOWN 2.25p Carnival 2858p DOWN 14p De Vere 420p DOWN 7.25p EasyJet 147p DOWN 5p ebookers 217p NO CHANGE EuroDisney 18p NO CHANGE Eurotunnel 20.25p UP 0.5p First Choice 130.25p DOWN 2.5p Hilton Group 261p DOWN 2.5p Holidaybreak 535p DOWN 1.5p Intercontinental 665.5p DOWN 10.5p Lastminute.com 105p DOWN 2p MyTravel 4p NO CHANGE P&O 277.25p UP 2.75p Rank Group 292.25p UP 0.75p Ryanair 257.05p DOWN 2.99p Stagecoach 92p UP 1p TBI 71.5p NO CHANGE Report by Tim Gillett, News From Abroad Ltd
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