Travel Stockwatch
Tuesday’s markets see shares in ebookers surge ahead once again
Travel industry shares had a mixed day yesterday as London’s equity markets moved backwards.
After gaining around a quarter in value in the last 10 weeks, the FTSE 100 index lost 0.5 per cent in value, dropping 16.1 points to close at 4113.0. The FTSE 250 index also lost ground, shedding 37 points to end the day at 4982.6 – a fall of 0.7 per cent. Dealers were very busy, with 3.4 billion shares traded on the day.
Among travel shares, the best performer was ebookers, which surged 12p to close at 472.5p. Anyone who bought £1,000 worth of shares in the company at the 12-month low of 92p would now have a shareholding worth more than £5,000. Lastminute.com edged back 0.25p to end the day at 149.75p.
First Choice moved backwards 2p to close at 108.5p, while MyTravel gained 0.06p to end the day at 20.56p. Among the airlines, British Airways lost a quarter of a penny to close at 162.75p, EasyJet lost 7p for a 195p finish, and Ryanair ended the day at 423.5p, 9.5p down.
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