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Share Price Information for International Airlines (IAG)

London Stock Exchange
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Share Price: 171.40
Bid: 171.60
Ask: 171.70
Change: 1.15 (0.68%)
Spread: 0.10 (0.058%)
Open: 170.30
High: 173.50
Low: 170.25
Prev. Close: 170.25
IAG Live PriceLast checked at -

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Sector movers: Ebola fears hammer travel stocks, but grocers and miners rise

Tue, 07th Oct 2014 14:19

Fears about the fallout from a potential Ebola outbreak hammered stocks in the travel and leisure sectors on Tuesday with UK-listed airlines and tour operators dropped sharply.In contrast, supermarket and mining stocks were bucking the trend with the two sectors, which have both bore the brunt of the selling pressure over recent weeks, the only categories to trade in positive territory in afternoon trade in London.News that a Madrid nurse has caught Ebola spooked investors across Europe on Tuesday, given that she is the first to contract the deadly virus outside West Africa.Anglo-Spanish airline conglomerate IAG was among the worst performers in London, down nearly 6% on fears on how any potential contagion could affect business.Other airlines were also flying firm lower, such as Easyjet, Ryanair and even Fastjet despite reporting record passenger numbers for September. All three stocks were down at least 4.1%.Travel tour operators TUI Travel and Thomas Cook were down 3.4% and 4.5%, respectively, while hotel group IHG fell 2.6%.Leading the upside were grocery stocks as they continued to claw their way back after a string of profit warnings and an accounting scandal at Tesco hammered sentiment last month.Shares in the UK's largest retailer were trading nearly 5% higher after the news that the company has asked another senior manager to step down as it attempts to rebuild confidence and repair trust among its shareholders.The stock had lost 25% of its value in the two weeks following after 22 September when Tesco revealed that first-half profit guidance was overstated by £250m.The reported departure of Kevin Grace, commercial director, will bring the total of senior executives leaving the company to five.As for the miners, the revelation that Glencore had approached Rio Tinto about a "possible combination" in the summer gave the sector a boost, even though the latter turned the offer down.The deal, which Rio claimed "was not in the best interests" of its shareholders, would have created the biggest mining company in the world with a market value estimated to be $160bn, surpassing that of BHP Billiton ($154bn).Others in the sector, such as Anglo American, Randgold Resources, Lonmin, Kazakhmys and Centamin, were also performing well.Top performing sectors so far todayFood & Drug Retailers 2,582.68 +2.86%Industrial Metals & Mining 1,297.88 +2.45%Mining 15,863.98 +1.55%Bottom performing sectors so far todayOil Equipment, Services & Distribution 21,262.24 -2.27%Travel & Leisure 7,079.99 -2.08%Technology Hardware & Equipment 1,051.57 -1.92%Aerospace and Defence 4,702.79 -1.64%Forestry & Paper 10,669.03 -1.54%
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5 May 2023 08:47

LONDON MARKET OPEN: Stocks make headway, investors cheer IAG update

(Alliance News) - Stock prices in London opened higher on Friday, with oil companies and an encouraging trading update from International Consolidated Airlines boosting the FTSE 100.

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5 May 2023 07:56

LONDON BRIEFING: IAG narrows loss; IHG CEO to step down

(Alliance News) - Stocks in London were called higher on Friday, as investors mulled over the latest interest rate decisions in the US and the EU and ahead of the US nonfarm payrolls report.

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5 May 2023 07:21

IAG lifts guidance on strong summer demand as Q1 earnings beat forecasts

(Sharecast News) - British Airways-owner IAG on Friday lifted its full year earnings forecasts on the back of strong summer demand as first-quarter profits beat expectations.

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5 May 2023 07:08

British Airways-owner IAG sees travel rebound lifting forecasts

LONDON, May 5 (Reuters) - British Airways-owner IAG said strong ticket sales for summer travel and a winter season which beat expectations meant 2023 profit would come in above its previous forecasts.

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28 Apr 2023 15:40

UK earnings, trading statements calendar - next 7 days

Monday 1 May 
no events scheduled 
Tuesday 2 May 
BP PLCQ1 Results
Facilities by ADF PLCFull Year Results
HSBC Holdings PLCQ1 Results
Wednesday 3 May 
Aston Martin Lagonda Global Holdings PLCQ1 Results
Ashtead Technology Holdings PLCFull Year Results
Barratt Developments PLCTrading Statement
Bank of Ireland Group PLCTrading Statement
Cambridge Cognition Holdings PLCFull Year Results
Card Factory PLCFull Year Results
Coca-Cola HBC AGTrading Statement
Flutter Entertainment PLCTrading Statement
Haleon PLCTrading Statement
Inspiration Healthcare Group PLCFull Year Results
Lords Group Trading PLCFull Year Results
Metro Bank PLCTrading Statement
Permanent TSB Group Holdings PLCTrading Statement
OSB Group PLCTrading Statement
Smiths News PLCHalf Year Results
Ten Lifestyle Group PLCHalf Year Results
TI Fluid Systems PLCTrading Statement
Thursday 4 May 
Apax Global Alpha LtdQ1 Results
BAE Systems PLCTrading Statement
Cardiff Property PLCHalf Year Results
Derwent London PLCTrading Statement
e-Therapeutics PLCFull Year Results
Glanbia PLCQ1 Results
IMI PLCTrading Statement
Mondi PLCTrading Statement
Morgan Sindall Group PLCTrading Statement
Next PLCTrading Statement
Rathbones Group PLCTrading Statement
Shell PLCQ1 Results
Spirent Communications PLCTrading Statement
Trainline PLCFull Year Results
Virgin Wines UK PLCHalf Year Results
Wheaton Precious MetalsQ1 Results
Friday 5 May 
Eqtec PLCFull Year Results
InterContinental Hotels Group PLCTrading Statement
International Consolidated Airlines Group SAQ1 Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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27 Apr 2023 14:29

Jet2 invests in sustainable fuel plant as airlines seek to meet 2030 targets

LONDON, April 27 (Reuters) - Britain's Jet2 said it has invested in a Sustainable Aviation Fuel (SAF) production plant in northern England, as airlines jostle to secure supplies of the green fuel ahead of 2030 targets.

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27 Apr 2023 14:11

Portugal to assess value of airline TAP ahead of privatisation

LISBON, April 27 (Reuters) - Portugal's government has mandated state holding company Parpublica to pick two independent assessors to value airline TAP ahead of its privatisation, which could be launched in July, the finance minister said on Thursday.

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27 Apr 2023 09:38

LONDON BROKER RATINGS: Reckitt price targets raised; Ocado is 'hold'

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

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19 Apr 2023 19:33

Portugal PM welcomes Lufthansa's interest in TAP, Scholz sees good fit

LISBON, April 19 (Reuters) - Portuguese Prime Minister Antonio Costa welcomed the interest expressed by Lufthansa in the upcoming privatisation of flag carrier TAP, but promised a level playing field and a transparent process for all contenders.

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19 Apr 2023 15:15

UK's Heathrow, airlines appeal regulator's landing fee cut

LONDON, April 19 (Reuters) - A cut to the fees Britain's Heathrow can charge airlines faces separate appeals from the airport and two of its biggest carriers, British Airways and Virgin Atlantic.

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19 Apr 2023 09:53

UK's Heathrow Airport to appeal regulator's cut to landing fees

LONDON, April 19 (Reuters) - Heathrow Airport, Britain's busiest hub, said on Wednesday it had launched an appeal against a ruling by the airport regulator that it must cut the fees it charges airlines between 2024-2026.

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13 Apr 2023 14:44

European airlines lay groundwork for potential bids for Portugal's TAP

LISBON, April 13 (Reuters) - At least three European airlines are laying the groundwork for potential bids for Portugal's flag-carrier TAP, sounding out local communications agencies and legal advisers as a new CEO prepares to take over, according to sources and media reports.

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13 Apr 2023 09:48

LONDON BROKER RATINGS: HSBC lifts housebuilders; Peel cuts Britvic

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

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12 Apr 2023 16:54

LONDON MARKET CLOSE: Stocks in the green as US inflation rate cools

(Alliance News) - Stocks in London closed higher on Wednesday as the US inflation rate continued to cool, providing investors with some hope that the cycle of rate hikes may soon be at an end.

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3 Apr 2023 13:07

Oil prices, oil stocks surge on OPEC+ move

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