(AFX UK Focus) 2005-06-15 21:27 GMT: Airline stocks weaken after oil rises (Interactive Investor)

SAN FRANCISCO (AFX) -- Airline stocks closed in negative territory on Wednesday, hit by a sharp rise in oil prices. The Amex Airline Index lost 1.1% to 50.10 points. Though the industry's benchmark measure closed above its lows of the day, a data-driven spike in crude sent the group mostly lower.

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Posted June 15, 2005

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