Rank Group shares wobble

Sunday, 15 Jun, 2004 0

Travel and tourism shares generally had a poor day yesterday as London’s equity markets slumped.

 

The benchmark FTSE 100 index dropped some 50.8 points to close at 4433.2, while the FTSE 250 falling 59.8 points to end the day at 6099.3.

 

Rank Group suffered on fears that new gaming rules could allow American casino operators enter the UK marketplace; the stock fell 18.75p to close at 285.5 – a drop of around 6.5 per cent on the day.

 

Other significant moves included First Choice, down 6p to 118p, and Lastminute.com, down 6.5p at 180.5p.

 

Alpha Airports 82.5p UP 0.5p

BAA 542.5p UP 2p
British Airways 251.5p DOWN 3.75p
Carnival 2506p UP 4p

De Vere 435p DOWN 3p
EasyJet 161.5p UP 0.5p

ebookers 280.75p UP 2.75p

EuroDisney 20.5p NO CHANGE
Eurotunnel 24.75p NO CHANGE

First Choice 118p DOWN 6p
Hilton Group 261p DOWN 4p
Holidaybreak 510p DOWN UP 12.5p

Intercontinental 534p DOWN 11.5p

Lastminute.com 180.5p DOWN 6.5p
MyTravel 8.5p DOWN 0.5p
P&O 218p DOWN 3.5p
Rank Group 285.5p DOWN 18.75p  

Ryanair 301.75p NO CHANGE

Stagecoach 83.75p NO CHANGE

TBI 62p DOWN 0.75p

 

Report by Tim Gillett, News From Abroad



 



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