Travel Stockwatch
Tuesday’s markets see lastminute.com shares push ahead for a 12-month high
A topsy-turvy day on London’s equity markets saw mixed fortunes for travel industry shares.
The main indices spend most of the day in negative territory, but early gains on wall Street pushed shares ahead late in the session on this side of the Atlantic. The FTSE 100 index managed to gain 0.3 per cent in value, adding 12.6 points to close at 3992.4, while the FTSE 250 lost a miniscule amount, ending the day 1.7 points down at 4677.4.
Among travel shares, the most impressive performer was probably lastminute.com, which added 6.75p to end the day at 136p – a new year high, some 80 per cent up on its low-point for the year.
Among the airlines, Ryanair had the best day, gaining 12.5p for a 413p finish. No-frills rival EasyJet lost 2.25p to close at 181.75p, and British Airways added 2p for a closing price of 130p. First Choice was static at 91.5p, while MyTravel closed at 18.5p, up 0.75p on the day.
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