Travel Stockwatch
Monday sees EasyJet buck the trend on a bad day for industry shares
Travel industry shares had a difficult time yesterday – with one glaring exception – as the main indices on London’s equity markets moved backwards.
The FTSE 100 index moved back 72.2 points to close at 4087.9, while the FTSE 250 also dropped back, losing 39.1 points for a closing position of 5004.2. It was one of the quietest sessions in recent weeks; dealers bought and sold just 2.2 billion shares before the 6pm count.
EasyJet was one of the best performers of the day, or a “standout gainer”, as the Financial Times puts it. Shares in the airline moved ahead 14.75p to 225.5p. Ryanair, by way of contrast, lost 5.5p to close at 410.5p, while British Airways lost a penny to close at 158.5p.
First Choice Holidays added 1p to close at 117.5p, while MyTravel lost a quarter of a penny for a 20.25p finish. The online retailers had a disappointing day; ebookers lost 9p to close at 422.5p, while lastminute.com moved back 6.5p for a 160p finish.
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