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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: 163.50
Bid: 163.70
Ask: 163.80
Change: -3.55 (-2.13%)
Spread: 0.10 (0.061%)
Open: 167.15
High: 167.15
Low: 162.85
Prev. Close: 167.05
IAG Live PriceLast checked at -

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UPDATE 2-Homebuilders, miners spur bounce-back in British stocks

Mon, 01st Mar 2021 09:43

(For a Reuters live blog on U.S., UK and European stock
markets, click LIVE/ or type LIVE/ in a news window)

* UK to roll out more economic aid

* Entain jumps after offer raised for Enlabs AB

* Reach Plc falls as annual profit drops

* FTSE 100 up 1.6%, FTSE 250 adds 1.5%
(Updates to close)

By Shivani Kumaresan and Amal S

March 1 (Reuters) - British shares rose on Monday, led by
homebuilders and miners on reports of more domestic fiscal
support, while relative stability in bond yields also helped
stocks recover from last week's losses.

The blue-chip FTSE 100 index ended up 1.6%, its best
session in two weeks, with homebuilders Persimmon Plc,
and Taylor Wimpey plc among the top gainers after a media
report that British finance minister Rishi Sunak was expected to
announce a mortgage guarantee program as part of the
budget.

"A mortgage guarantee scheme for first-time buyers would be
a better, more targeted policy than the blanket stamp duty
holiday, to give a helping hand to those who otherwise might not
be able to get on the housing ladder," said Laith Khalaf,
financial analyst at AJ Bell.

British Airways-owner IAG led gains in the FTSE 100
as optimism over a 2021 recovery in the travel sector spurred a
slew of price target hikes.

The FTSE 100 fell 2.1% last week, snapping three consecutive
weeks of gains as expectations of a spike in inflation and
rising bond yields rattled sentiment.

But hopes of an economic recovery this year were pushed to
the forefront as Sunak geared up to announce more borrowing on
top of almost 300 billion pounds ($418 billion) of COVID-19
spending and tax cuts as part of his annual budget statement on
Wednesday.

British Prime Minister Boris Johnson also said the country's
economy could recover more strongly after the coronavirus
pandemic than some "pessimists" had predicted.

The domestically focused mid-cap FTSE 250 index rose
1.5%, even as British manufacturers reported their slowest
output growth since May last month due to supply-chain
disruptions and rising costs linked to Brexit and COVID-19.

Ladbrokes owner Entain rose 2.3% as it raised its
offer for rival sports betting firm Enlabs AB,
valuing the Sweden-based company at about 3.7 billion crowns
($440.16 million).

Reach, publisher of Britain's Daily Mirror and Daily
Express, fell 8.6%, after reporting a 12.8% drop in annual
profit.
(Reporting by Shivani Kumaresan and Amal S in Bengaluru;
Editing by Subhranshu Sahu and Paul Simao)

More News
2 Jun 2023 05:55

IAG's British Airways fined USD1.1 million in US over Covid refunds

(Alliance News) - International Consolidated Airlines Group SA's British Airways has been fined almost GBP1 million by the US government over claims it failed to pay refunds for cancelled flights.

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26 May 2023 07:57

LONDON BRIEFING: UK retail sales up; Hunt "comfortable" with recession

(Alliance News) - Stocks in London are expected to kick off the final trading day of a fraught week with a minor gain, though US debt ceiling uncertainty continues to temper sentiment.

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26 May 2023 07:00

Soaring airline customer complaints push global legislators to act

LONDON/MONTREAL, May 26 (Reuters) - Nikoleta Dodova is among a growing number of dissatisfied airline customers. Having bought her mother and niece airline tickets from Sweden to Macedonia last year, their flight was cancelled and they ended up at an airport over two hours away. She is still waiting for compensation.

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26 May 2023 06:01

IT issue causes mass cancellation of British Airways Heathrow flights

(Alliance News) - International Consolidated Airlines PLC's British Airways has apologised after an IT issue caused the cancellations of domestic and European flights on Thursday, as Britain heads into the Bank Holiday weekend.

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19 May 2023 09:34

Dublin Airport to lower charges for more fuel-efficient airlines

DUBLIN, May 19 (Reuters) - Dublin Airport plans to cut runway charges by 25% for airlines that operate planes with lower emissions, the Dublin Airport Authority (DAA) said on Friday.

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18 May 2023 08:10

UK's easyJet confident as summer demand ramps up

Sees Q3 revenue per seat up 20% on last year

*

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11 May 2023 09:45

LONDON BROKER RATINGS: Asos targets cut; Jefferies ups Diploma to buy

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

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10 May 2023 11:20

UK's Virgin Atlantic says bumper bookings eclipsed by rising costs

2022 revenue 2.9 bln stg, 98% of 2019 levels

*

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9 May 2023 17:27

UK stocks slide ahead of U.S. inflation data, BoE meet

IAG closes at over a two-month high

*

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9 May 2023 13:45

Liberum reiterates 'buy' on IAG, lifts price target

(Sharecast News) - Liberum reiterated its 'buy' recommendation on BA and Iberia owner IAG on Tuesday, and lifted its price target to 350p from 240p as it said positive earnings momentum was set to continue.

Read more
9 May 2023 07:52

Broker tips: IAG, Intertek

(Sharecast News) - Liberum reiterated its 'buy' recommendation on BA and Iberia owner IAG on Tuesday, and lifted its price target to 350p from 240p as it said positive earnings momentum was set to continue.

Read more
5 May 2023 17:03

LONDON MARKET CLOSE: Surprise US jobs report lifts market mood

(Alliance News) - Stocks in London were higher at the close on Friday, ahead of a long bank holiday weekend, as the latest US jobs report made a recession across the Atlantic appear less likely.

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5 May 2023 12:08

LONDON MARKET MIDDAY: Stocks pare weekly losses ahead of US nonfarms

(Alliance News) - Stock prices in London were higher at midday on Friday, a better end to a nervy week for equities, with investors digesting central bank decisions and an ongoing crisis in the US regional banking sector.

Read more
5 May 2023 09:42

European airlines see strong summer bookings, hope to avert chaos

IAG first-quarter results better than expected

*

Read more
5 May 2023 09:10

TOP NEWS: IAG loss narrows, revenue up as capacity recovers from Covid

(Alliance News) - International Consolidated Airlines Group SA on Friday reported its first quarter narrowed alongside strong revenue as Iberia delivered its "best ever" quarterly performance, while noting capacity recovering towards pre-pandemic levels.

Read more

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