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LCC shares mixed on Wednesday

Analysis

The world's listed low-cost carriers (LCCs) reported a mixed day's trade on Wednesday, shen oil price futures rebounded USD1.14 in New York to USD87.33 per barrel following six consecutive daily falls.

The US central bank announced it would keep interest rates low and continue bond purchases to support an economic recovery. The rise comes despite a gain in US oil inventories.

Kuwait's Jazeera Airways eased the most, while Spain's Vueling led the way higher.

Selected LCCs' daily share price movements (% change): 26-Jan-2011

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