We would love to hear your thoughts about our site and services, please take our survey 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: 179.30
Bid: 179.25
Ask: 179.40
Change: 1.00 (0.56%)
Spread: 0.15 (0.084%)
Open: 178.75
High: 179.80
Low: 177.50
Prev. Close: 178.30
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 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.

Read more
28 Mar 2024 16:49

UK Border Force officers at Heathrow airport to take strike action

LONDON, March 28 (Reuters) - More than 600 UK Border Force officers at Heathrow Airport, Britain's busiest hub, will take strike action for four days from April 11 in a dispute over working conditions, the PCS trade union said on Thursday.

Read more
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.

Read more
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:

Read more
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.

Read more
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:

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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:

Read more
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.

Read more
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.

Read more
1 Mar 2024 09:14

LONDON BROKER RATINGS: Numis cuts St James's Place to 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Friday 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.