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: 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 -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK WINNERS & LOSERS SUMMARY: Travel Stocks Fall As Coronavirus Spreads

Mon, 24th Feb 2020 10:25

(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.

----------

FTSE 100 - WINNERS

----------

Bunzl, up 2.5%. The distribution firm said its revenue edged higher in 2019, despite "mixed macroeconomic and market conditions". For 2019, revenue rose 2.7% to GBP9.33 billion from GBP9.08 billion in 2018, helping pretax profit increase by 6.7% to GBP453.3 million from GBP424.8 million. By segment, only a 1.7% revenue decline to GBP1.24 billion in the UK & Ireland prevented growth across the board. In North America, revenue climbed 3.7% to GBP5.47 billion and in Continental Europe by 1.8% to GBP1.83 billion. In the Rest of the World, revenue rose by 5.6% to GBP781.6 million. Bunzl upped its full-year payout by 2.2% to 51.3 pence per share from 50.2p.

----------

Polymetal International, up 0.6%. The Russian gold miner Polymetal International was tracking spot gold prices higher. Gold was quoted at USD1,683.00 an ounce Monday morning, up sharply from USD1,643.10 late Friday, as demand for the safe-haven asset increased amid concerns over the spread of the coronavirus.

----------

FTSE 100 - LOSERS

----------

easyJet, down 13%, TUI down 9.0%, International Consolidated Airlines Group down 8.5%. The airline stocks were among the worst performers amid fears of weakening demand for travel as the spread of the coronavirus widened to 30 countries across the world. "Airlines, car makers and luxury goods stocks were among the big fallers on both European and UK markets. TUI, easyJet and International Consolidated Airlines were among the biggest fallers on the London Stock Exchange, perhaps implying that investors are fearful that consumers and business people may lose their appetite to travel," said AJ Bell's Russ Mould. In the FTSE 250, Wizz Air was the worst performer, down 8.2%, while Irish carrier Ryanair Holdings was down 9.9%.

----------

FTSE 250 - WINNERS

----------

Fresnillo, up 3.8%. The Mexican gold miner said it has accelerated the development of the Juanicipio project in Mexico's Zacatecas state and now expects to start producing silver and gold in mid-2020, ahead of schedule. Fresnillo said construction is well underway, engineering is complete, and all major process equipment has been purchased and received on site. It added that the mine's pre-operative capital expenditure has increased by 11% to USD440 million from its estimate of USD395 million back in January 2018. The mine is now expected to reach 85% name plate capacity in the fourth quarter of 2021, and 90% to 95% in 2022. Fresnillo expects a total average annual production of 11.7 million ounces of silver, 43,500 ounces of gold, with an initial mine life of 12 years. The mine is expected to reach 85% name plate capacity in the fourth quarter of 2021, and 90% to 95% in 2022. Fresnillo expects a total average annual production of 11.7 million ounces of silver, 43,500 ounces of gold, with an initial mine life of 12 years.

----------

OTHER MAIN MARKET AND AIM - LOSERS

----------

LoopUp Group, down 26%. The web conferencing company said user activity deteriorated in the US in the second half, hurting annual earnings. LoopUp said it expects to report revenue and earnings before interest, tax, depreciation and amortisation broadly in line with market forecasts at GBP42.5 million and GBP6.4 million, respectively. This represents a 24% revenue growth year-on-year, but a 17% decline in Ebitda. LoopUp said the macro headwinds were hurting UK user behaviour in the first half of 2019, but have stabilised since the summer. However, the company said it is now experiencing a similar effect in its US business. The AIM-listed company said decline in US minutes per active user worsened in the second half of 2019 to 8% after falling just by 2% year-on-year in the first half.

----------

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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:

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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:

Read more
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.

Read more
3 Apr 2023 13:07

Oil prices, oil stocks surge on OPEC+ move

*

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.