Tuesday, March 22, 2016

European stock markets closed with slight variations despite plummeting airlines – Financial Journal

Online Financial Journal / Expansion

European shares related to tourism plummeted after the attacks today in Brussels awarded by the terrorist group Islamic State. Thus, the titles of airlines, airport operators and hotels led the losses in the old continent.

Shares of Air France-KLM fell 3.96% while shares fell 2.05 Ryan Air %. They were followed by the low of AIG, the parent of British Airways and Iberia, down 1.52% and Lufthansa with 1.33%.

concessionaires airports also closed lower on major exchanges European. Proof of this are the cuts recorded in the price of the Fraport German and, to a greater extent, Aeroports de Paris (ADP), in both cases higher than 2%.

The red numbers have broken through in European hotel chains. InterContinental Hotels has lost 1.6% on the stock exchange, while the French Accor has depreciated about 4%.

The attacks have also cooled Brussels business prospects as the British tour operator Thomas Cook. Its shares have deflated more than 4%, although they have come to fall to 7% in London.

Bags back losses

European shares closed flat and only at the end of the day soared above 1% losses experienced at the start of the session.

the German DAX closed up 0.42% after having fallen nearly 2% at the beginning of the day. A similar situation lived the London FTSE climbed 0.13% and the CAC 40 in France rose 0.09%.

The Milan stock exchange closed up 0.1% while the Ibex in Spain ended down 0.32%.

Wall Street is following a similar behavior and European markets are trading in positive territory after falling about 0.4% in opening

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