Flight Centre Travel Group Ltd (ASX: FLT) is one of the world’s largest travel agencies and has company-owned operations in more than 20 countries, while its corporate travel management network spans more than 90 countries. Its brands include Flight Centre, Corporate Traveller, 99 Bikes, Travel Money Oz and more.
Shares within the travel industry are soaring this week. COVID-19 knocked travel industries for six, but they are coming roaring back now.
As expected and highlighted in our previous article, the returns and results have been mixed from the ASX’s most recent spate of capital raisings.
The S&P/ASX 200 (ASX: XJO) was trading down 0.83% at lunchtime today.
One of the leaders in ASX share portfolios during the tough March quarter was Fisher & Paykel Healthcare Ltd (ASX: FPH), a global leader in the manufacture of respiratory humidifiers.
You won’t be heading to packed nightclubs any time soon, but you may be walking around a retail store within the next few months – Forager’s Steve Johnson.
So far companies like QBE Insurance Group Ltd (ASX: QBE), Webjet Limited (ASX: WEB), Flight Centre Travel Ltd (ASX: FLT) and Cochlear (ASX: COH).
The Cochlear Limited (ASX:COH) share price could bounce today following news of a successful capital raising.
Today, the All Ordinaries (ASX: XAO) was trading -0.12% lower, with shares of Boral Limited (ASX:BLD), JB Hi-Fi Limited (ASX:JBH) and Flight Centre Travel Group Ltd (ASX:FLT) moving the Australian share market.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.55% at lunch.
