Ftse Subsides a Little After Early Gains

Summary


AFTER breaking through 5000 points on Wednesday, the FTSE 100 Index gave up early gains and moved lower over the business day by 16.6 points to close at 4987.7 Holiday companies were in demand with Thomas Cook and Tui Travel both on the leader board. Investment house Collins Stewart stated that it has upgraded its recommendations on both businesses from 'sell" to 'hold" following a strong performance from the airline and travel sectors.

The broker increased its price target for Thomas Cook and Tui Travel from 219p and 205p to 252p and 277p respectively.

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Extract


Ftse Subsides a Little After Early Gains

It has been announced that property company Segro and leisu...

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