MyTravel shares fall back again
There were mixed fortunes for travel and tourism shares yesterday as London’s main equity indices pushed ahead. The FTSE 100 index gained 42.8 points to end the day at 4736.8, while the FTSE 250 closed up 53.9 at 4,736.8, its highest level since early 2001. Shares in MyTravel dropped 0.375p to 4.75p after bondholders won the right to appeal against plans to restructure the company. The Court of Appeal will give its reasons for allowing the appeal tomorrow. Alpha Airports 92p NO CHANGE BAA 586p UP 7p British Airways 227.5p UP 3.5p Carnival 3004p UP 27p De Vere 478p UP 15.5p EasyJet 178.75p DOWN 1.25p ebookers 314.25p DOWN 0.25p EuroDisney 17.5p NO CHANGE Eurotunnel 18p NO CHANGE First Choice 143.5p DOWN 0.5p Hilton Group 263.5p UP 3.5p Holidaybreak 605p UP 4p Intercontinental 665.5p UP 2p Lastminute.com 114.25p UP 0.25p MyTravel 4.75p DOWN 0.375p P&O 309.75p UP 6.25p Rank Group 300p DOWN 2.75p Ryanair 363.5p DOWN 1p Stagecoach 114p UP 3.25p TBI 92p UP 0.25p Report by Tim Gillett, News From Abroad Ltd
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