The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksInternational Airlines Share News (IAG)

Share Price Information for International Airlines (IAG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 177.20
Bid: 148.10
Ask: 180.00
Change: 0.00 (0.00%)
Spread: 31.90 (21.54%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 177.20
IAG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Sector movers: Airlines surge, but stronger dollar knocks commodity stocks lower

Sat, 04th Oct 2014 17:55

The outlook for the world's major economies may be diverging, but at least on Friday the price action at the sector level was very similar, over on Wall Street, across the Channel and in the UK.The upside was led by travel-related stocks on the top flight index, while mining, precious metals or basic resource companies led on the downside. That came as the latest spate of macroeconomic data Stateside led to further gyrations in FX and commodity markets (although copper futures held up well) - but there was also quite a bit of company-specific news out for investors to chew on.Over on Wall Street Airlines were the best performer as a group, rising by 4.63%, while out on the DJ Stoxx 600 Basic resource companies proved the biggest drag, although they did only fall by 0.33%.Thus, easyJet was to be found at the top of the leaderboard on the Footsie at the end of the week, with its stock up by 6.42% on the day, to end the day right atop its 200-day moving average. Shares in the budget airline took off after it increased its outlook for the half year ended 30 September from between £545m and £570m to between £575m and £580m, thanks to a strong finish to the summer season, which saw increased revenue per seat.Stock in IAG was close behind after announcing an 8.5% increase in revenue passenger kilometres for September.Cruise operator Carnival, meanwhile, cheered shareholders with its third quarter results. The company posted a rise in both quarterly and three-quarterly revenue. The FTSE 100 group said third quarter turnover climbed from $4.73bn to $4.95m year-on-year and from $11.8bn to $12.2m for the nine-month period.Acting as a backdrop, the Bloomberg US dollar spot index notched a seventh consecutive week of gains, its longest stretch for four years, as the latest jobs data fuelled optimism that the recovery on the other side of the Atlantic has sufficient staying power to withstand some policy tightening by the Fed.In parallel, cable dropped below the 1.60 mark for the first time this year and Brent crude futures for November settlement slipped 1.2% on the day, to end at $92.31 on London's ICE, on stronger than average trading volumes.As analysts at Credit Suisse explained to their own clients in a research note released on Friday morning, the fall in the oil price needs to be factored into the shares of the likes of Tullow Oil. Stock in the oil explorer dropped 1.6% to 600p.The Swiss broker lowered its price target on the shares to 800p from 885p previously. Gold futures for december delivery on COMEX also took a hit from the latest monthly US employment report, ending the day off by 1.98% to $1,191per ounce - in effect erasing their year-to-date gains. Not surprisingly, the likes of Fresnillo and Randgold Resources were also to be seen at the bottom of the pile.
More News
28 Aug 2023 20:14

UK air traffic issue fixed but flight disruption to continue

LONDON, Aug 28 (Reuters) - Britain's National Air Traffic Service (NATS) was hit by a technical problem for several hours on Monday, causing widespread disruption to flights in UK airspace that it said would continue for some time even though the issue was fixed.

Read more
28 Aug 2023 19:18

UPDATE: Dozens of flights cancelled after UK air traffic control fault

(Alliance News) - Hundreds of flights to and from the UK are estimated to have been cancelled this bank holiday, leaving passengers stranded, after an air traffic control failure.

Read more
28 Aug 2023 13:42

Airlines warn of delays as UK airspace hit by technical fault

(Alliance News) - Air passengers have been warned they face delays after UK air traffic control systems were hit by a technical fault.

Read more
28 Aug 2023 13:09

UK airspace hit by technical fault - National Air Traffic Services

(Alliance News) - UK airspace has been hit by a technical fault, the country's leading provider of air traffic control services said.

Read more
9 Aug 2023 15:32

Rising prices for travel yet to curb wanderlust

LONDON/CHICAGO/NEW YORK, Aug 9 (Reuters) - The post-pandemic travel boom and the high ticket prices that come with it show no signs of slowing well into next year, despite economic uncertainty and dwindling household savings.

Read more
9 Aug 2023 12:37

Rising prices for travel do not appear to be curbing wanderlust

LONDON/CHICAGO/NEW YORK, Aug 9 (Reuters) - The post-pandemic travel boom and the high ticket prices that come with it show no signs of slowing well into next year, despite economic uncertainty and dwindling household savings.

Read more
9 Aug 2023 10:09

Irish court pauses order for Dublin Airport to limit flights

DUBLIN, Aug 9 (Reuters) - Ireland's High Court has paused a local council order that would have forced Dublin Airport to limit daily flights between the hours of 11 p.m. and 7 a.m. from next month pending a full hearing on the matter.

Read more
9 Aug 2023 05:01

Rising prices for travel do not appear to be curbing wanderlust

LONDON/CHICAGO/NEW YORK, Aug 9 (Reuters) - The post-pandemic travel boom and the high ticket prices that come with it show no signs of slowing well into next year, despite economic uncertainty and dwindling household savings.

Read more
7 Aug 2023 13:09

Carriers face longer Africa flights, suspensions as Niger closes airspace

LONDON/GDANSK, Aug 7 (Reuters) - European carriers on Monday reported disruptions and suspended flights across the African continent after Niger's junta closed its airspace on Sunday.

Read more
5 Aug 2023 11:12

PRESS: IAG agree 13% pay rise for 24,000 staff - Financial Times

(Alliance News) - The Financial Times on Friday reported that International Consolidated Airlines Group SA has agreed a 13% pay rise for 24,000 staff.

Read more
3 Aug 2023 12:00

Sluggish return of business travelers forces US airlines to rejig their networks

CHICAGO, Aug 3 (Reuters) - U.S. airlines are enjoying strong leisure travel demand, but corporate travelers are still not back in full force, compelling airlines to restructure their networks to account for fewer people flying for business purposes.

Read more
3 Aug 2023 11:43

Holiday travel boom here to stay, says Lufthansa

BERLIN, Aug 3 (Reuters) - The boom in holiday travel shows no signs of ending, German airline group Lufthansa said on Thursday, as advance bookings for this winter and next year were already a double-digit percentage above the year-earlier level.

Read more
3 Aug 2023 10:25

Lufthansa bolstered by leisure travel demand, but costs bite

Lufthansa sees 2023 adj EBIT at more than 2.6 bln euros

*

Read more
3 Aug 2023 09:31

LONDON BROKER RATINGS: Berenberg raises Hochschild Mining to 'buy'

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

Read more
3 Aug 2023 06:01

Sluggish return of business travelers forces US airlines to rejig their networks

CHICAGO, Aug 3 (Reuters) - U.S. airlines are enjoying strong leisure travel demand, but corporate travelers are still not back in full force, compelling airlines to restructure their networks to account for fewer people flying for business purposes.

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.