Travel Stockwatch
Online retailers show the way as Monday brings mixed fortunes for travel shares
Online retailers showed travel industry shares the way yesterday on a day that saw London’s equity markets stutter after a good run.
The benchmark FTSE 100 index has gained more than 11 per cent in value over the last three months, but yesterday it slumped 0.9 per cent, losing 36.6 points to close at 4031.2. The FTSE 250 did better, adding 4.7 points to close at 4963.4. It was a fairly busy day, with 2.6 billion shares traded in all.
Ebookers moved ahead yesterday, gaining 8.5p to close the day at 456p, while lastminute.com put on 4p to end the day at 174.5p. Among the airlines, British Airways lost 4.25p for a closing price of 151.5p, EasyJet put on 1.25p for a 230p finish, and Ryanair did well to add 10p and close at 429.5p. First Choice Holidays put on a penny to close at 112.5p and MyTravel closed at 18.75p, up 0.5p.
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