Travel Stockwatch

Wednesday, 09 Sep, 2003 0

Travel industry shares experienced wildly-different fortunes yesterday as London’s equity markets pushed ahead to their highest levels for some time.

The FTSE 100 index gained 0.8 per cent in value, adding 34.9 points to close at 4292.1, its highest level since August 2002, according to the Financial Times, while the FTSE 250 gained 0.5 per cent to close at 5739.0 – an increase of 26 points. Dealers were busy and traded 3.3 billion shares on the day.

Among the airlines, British Airways lost 10p to close at 190.25p, easyjet dropped 5.75p to end the day at 253p, while Ryanair went in the other direction and added 10.5p for a 472p finish.

Online retailer ebookers put on 23p to end the day at 626p while lastminute.com fared less well, falling 11p to close at 262p. First Choice Holidays added a penny to close at 115p, while MyTravel added 3p for a 22p finish after its price fell some 20 per cent in recent weeks.