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Pin to quick picksInternational Airlines Share News (IAG)

Share Price Information for International Airlines (IAG)

London Stock Exchange
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Share Price: 178.65
Bid: 178.70
Ask: 178.80
Change: 0.35 (0.20%)
Spread: 0.10 (0.056%)
Open: 178.75
High: 181.20
Low: 177.50
Prev. Close: 178.30
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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LONDON, April 5 (Reuters) - UK Border Force officers at Heathrow Airport, Britain's busiest hub, have suspended the strike action they were due to take for four days from April 11 in a dispute over working conditions, a trade union said on Friday.

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5 Apr 2024 15:22

London close: Stocks finish lower as US payrolls top forecasts

(Sharecast News) - London markets closed lower on Friday amid a backdrop of heightened investor caution, following robust US job data for March, hawkish remarks from Federal Reserve officials, and escalating tensions in the Middle East.

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28 Mar 2024 16:49

UK Border Force officers at Heathrow airport to take strike action

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27 Mar 2024 10:28

JPMorgan puts IAG on 'positive catalyst watch' ahead of Q1 results

(Sharecast News) - JPMorgan Cazenove placed shares of BA and Iberia owner IAG on 'positive catalyst watch' on Wednesday ahead of first-quarter results and following minor changes to estimates published yesterday.

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27 Mar 2024 09:40

LONDON BROKER RATINGS: Sainsbury's, Petershill Partners upped to 'buy'

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

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21 Mar 2024 16:33

London close: Stocks rise as BoE keeps rates on hold

(Sharecast News) - London markets closed higher on Thursday, sustaining gains after the Bank of England adhered to expectations by maintaining interest rates at a 16-year high.

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21 Mar 2024 09:27

LONDON BROKER RATINGS: UBS cuts Entain; RBC raises IAG

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

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21 Mar 2024 09:09

RBC Capital upgrades IAG to 'outperform'

(Sharecast News) - RBC Capital Markets upgraded BA and Iberia owner IAG on Thursday to 'outperform' from 'sector perform' and lifted the price target to 220p from 200p.

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21 Mar 2024 07:52

LONDON BRIEFING: Stocks called up thanks to New York rally

(Alliance News) - Stocks in London are to open higher on Thursday, after a global equity market rally following the latest interest rate call from the US Federal Reserve.

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15 Mar 2024 15:07

London close: Stocks finish mixed after Reckitt compo blow

(Sharecast News) - London's equity markets finished in a mixed state at the end of a quiet trading session on Friday, after another hotter-than-expected US inflation reading overnight.

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6 Mar 2024 15:02

London close: Stocks finish higher after Hunt's Spring Budget

(Sharecast News) - London's stock markets closed in positive territory on Wednesday, as investors absorbed the Chancellor's Spring Budget announcement of a 2p reduction in National Insurance.

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6 Mar 2024 14:05

Tax rise outlined in UK budget for air passengers in premium cabins

(Alliance News) - Airline passengers travelling in premium cabins will be hit by a UK tax hike.

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6 Mar 2024 09:07

LONDON BROKER RATINGS: JPMorgan raises IAG; Jefferies likes Experian

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

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6 Mar 2024 08:45

IAG flies higher after double upgrade to 'overweight' by JPMorgan

(Sharecast News) - BA and Iberia owner IAG flew higher on Wednesday as JPMorgan Cazenove double upgraded the shares to 'overweight' from 'underweight' and lifted the price target to €2.50 from €1.45.

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6 Mar 2024 07:45

LONDON BRIEFING: ConvaTec profit doubles; DS smith trades in line

(Alliance News) - Stocks are called to open higher on Wednesday, with focus in the UK on Wednesday's Spring budget.

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