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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-Travel stocks and retailers lift FTSE 100 to strongest session in 5-months

Wed, 21st Jul 2021 09:42

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

* Fashion retailer Next jumps on robust earnings

* Royal Mail drops to bottom of FTSE 100

* Survey shows UK recovery loses some pace

* FTSE 100 up 1.7%, FTSE 250 adds 1.9%
(Updates to close)

By Shashank Nayar and Amal S

July 21 (Reuters) - Travel-related stocks and retailers
helped London's FTSE 100 to record its strongest session in more
than five months on Wednesday, while Next Plc was the top gainer
after it raised its profit outlook following robust earnings.

The blue-chip index ended 1.7% higher, with Compass
Group, International Consolidated Airlines,
Whitbread, and Rolls-Royce among the top gainers.

The domestically focussed mid-cap index rose 1.9%,
marking its best day since January 2020. The index was boosted
by a 4.4% gain in travel sub-index with Cineworld
, Carnival, SSP Group, and EasyJet
gaining between 4.3% and 7.5%.

Shares of the British fashion retailer surged 7.5%
after it said it had soundly beaten its expectations for
full-price sales and, as a result, was increasing its profit
forecast.

"We've seen the panic hit the market and then now we're are
back to normal. Given the uncertainties around the economic
recovery for the rest of the year, it pretty much assures the
investors that central banks will remain cautious, cementing the
hope that interest rate lifts are not going to happen next
year," said Edward Moya, senior market analyst at OANDA.

The FTSE 100 has risen 8.3% so far this year, supported by
cheap borrowing costs and optimism around economic re-opening,
although a recent jump in COVID-19 cases, higher inflation
levels and hawkish tone from central banks on tapering of
interest rates have capped those gains.

A survey showed UK's economic bounce-back from lockdowns
cooled in June despite a surge in business for the country's
hospitality sector, echoing signs that the recovery has lost
some of its pace.

Among other stocks, media group Future jumped 9.2%
and was among the top boost to the mid-cap index after it said
it expects its full-year profitability to be ahead of
expectations.

Royal Mail Plc dropped 2.7% to the bottom of the
FTSE 100 after it said fewer parcels were being delivered to
homes as pandemic restrictions eased across the country, even as
it reported a 12.5% rise in first-quarter group revenue.

Private equity firm Bridgepoint up 29.1%, saw its
value rise by more than a fifth on its London stock market
debut.

(Reporting by Shashank Nayar and Amal S in Bengaluru; Editing
by Shailesh Kuber, Uttaresh.V and David Evans)

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.

Read more
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

*

Read more
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

*

Read more
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.

Read more
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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