The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick pickseasyJet Share News (EZJ)

Share Price Information for easyJet (EZJ)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 458.90
Bid: 458.90
Ask: 459.30
Change: -5.00 (-1.08%)
Spread: 0.40 (0.087%)
Open: 458.00
High: 459.80
Low: 453.70
Prev. Close: 463.90
EZJ Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Leave vote would have limited impact on FTSE, says SpreadCo analyst

Tue, 21st Jun 2016 13:12

(ShareCast News) - Although consensus is that the FTSE 100 will rally if voters in the UK opt to remain in the European Union on Thursday and sell off on a Leave vote, the overall impact of an exit on London stocks may be limited, said SpreadCo analyst David Morrison."The damage to the FTSE100 as a whole may be limited. Not only due to its weighting towards internationally-facing corporations, but also because any weakness in sterling will make these companies more competitive and thereby boost earnings."Of course there will be individual winners and losers and ultimately the overall effect on the FTSE100 could be limited due to its constituents having a heavy international (around 70%) exposure."He pointed out that the share prices of big multinationals that derive a large chunk of their revenue and earnings from outside the EU are likely to benefit from a Leave vote."Quite simply, money will flow from stocks with direct exposure to Europe to those more internationally facing," he argued.Pharmaceuticals such as AstraZeneca, GlaxoSmithKline and Shire, oil majors and miners are likely to benefit as could companies with low exposure to the EU such as Centrica and Prudential.However, airlines and tour operators may suffer a bout of selling first and questions asked later. Morrison highlighted EasyJet and Carnival as being at risk.Meanwhile, pure domestic players such as housebuilders and banks like Lloyds are also likely to suffer.As for the pound, Morrison said consensus was that GBP/USD would fall to between 1.1000 and 1.3000 in the event of a Leave vote. "Let's call it 1.2000 and let's assume cable is trading around 1.4000 ahead of the vote. That implies a decline of around 14%."In the event of a Remain vote, cable could surge to around 1.5000 initially. "If we again use 1.4000 as our pre-vote starting point, we're looking at 1.2000 on the downside and maybe 1.5000 to the up."
More News
6 Jul 2023 09:28

Sectors flash red as STOXX stays risk-off

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at

SECTORS FLASH RED AS STOXX STAYS RISK-OFF (0820 GMT)

Read more
3 Jul 2023 17:42

Italy minister wants airlines to explain "unjustified" fare hikes

ROME, July 3 (Reuters) - Italy's Industry Minister Adolfo Urso said on Monday that airlines benefiting from the country's tourist boom have hiked their prices too much, and demanded an explanation.

Read more
3 Jul 2023 09:37

LONDON BROKER RATINGS: Stifel cuts Croda International to 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

Read more
30 Jun 2023 07:58

64 flights cancelled at Geneva airport over strike

(Alliance News) - Some 64 flights were cancelled at Geneva's international airport on Friday, it said, after operations were halted for four hours because of a strike by workers at the start of the busy summer travel season.

Read more
28 Jun 2023 09:06

LONDON BROKER RATINGS: Admiral on JPMorgan 'negative catalyst watch'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

Read more
28 Jun 2023 07:57

LONDON BRIEFING: Stocks called up; boohoo has concerns with Revolution

(Alliance News) - Stocks in London were called to open higher on Wednesday after surprisingly resilient economic data for the world's largest economy on Tuesday helped lift market mood.

Read more
21 Jun 2023 10:37

Esken shares fall as annual loss narrows amid optimistic outlook

(Alliance News) - Esken Ltd on Wednesday reported a narrowed annual loss as revenue climbed.

Read more
19 Jun 2023 09:10

LONDON BROKER RATINGS: Redburn likes Entain; HSBC lifts FirstGroup

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Read more
12 Jun 2023 09:25

Thousands of holidaymakers hit by easyJet flight cancellations

(Alliance News) - More than 15,000 easyJet PLC passengers have been hit by flight cancellations due to severe weather.

Read more
8 Jun 2023 11:23

Wizz Air's direction of travel is "clearly positive" as loss narrows

(Alliance News) - Wizz Air Holdings PLC on Thursday said its revenue had more than doubled in a year of "significant growth" as it reported a narrowed annual loss.

Read more
8 Jun 2023 07:20

Wizz Air forecasts return to profit in current year

LONDON, June 8 (Reuters) - European low-cost airline Wizz Air said it would make a net profit of 350 million to 450 million euros in its current financial year, as strong demand for travel and its expanding fleet put it on track for growth.

Read more
2 Jun 2023 13:29

Lufthansa-ITA-Deal heizt Konsolidierungsfantasien an

Analysten sagen weitere Übernahmen voraus

*

Read more
26 May 2023 07:00

Soaring airline customer complaints push global legislators to act

LONDON/MONTREAL, May 26 (Reuters) - Nikoleta Dodova is among a growing number of dissatisfied airline customers. Having bought her mother and niece airline tickets from Sweden to Macedonia last year, their flight was cancelled and they ended up at an airport over two hours away. She is still waiting for compensation.

Read more
25 May 2023 12:12

LONDON MARKET MIDDAY: Europe struggles but Nvidia lifts US tech stocks

(Alliance News) - Stock prices in London were lower at midday on Thursday, with US debt ceiling worries keeping a lid on European equities, though Nvidia boosted technology shares over in New York.

Read more
25 May 2023 09:23

LONDON BROKER RATINGS: Numis starts Tristel with 'add'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.