Travel Stockwatch
Tuesday sees industry shares have a hard time as markets remain fairly stable
Travel industry shares had a tough time of things yesterday as London’s equity markets struggled to make headway. The FTSE 100 index of leading shares fell 11.8 points to close at 4137.0 following pessimistic signs from across the Atlantic, while the broader-based FTSE 250 did better and added 16.7 points to end the day at 5273.0.
It was one of the busiest days’ trading in recent weeks, with dealers trading some three billion shares before the 6pm count.
Online retailers had a bad day following a very positive run; ebookers lost 14p to close at 555p while its rival lastminute.com fell back 5.5p to close at 212.5p.
The airlines did not fare much better; British Airways lost 1.5p to close at 167.5p, EasyJet fell back 7p for a 230.5p finish, while Ryanair managed to make a bit of headway, gaining 2p to close at 428p.
First Choice Holidays lost 1.5p to close at 118p, and MyTravel finished the day at 35p, up a quarter of a penny.
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