Barcelona Terror Attack: Leisure and Travel Stocks Hit
Airlines and hotel shares have been badly hit in Friday's sell off after a terror attack in the Spanish city of Barcelona.
The Euro Stoxx 600 Travel & Leisure index was down 1.13% Friday at 8:49 am in London, compared with a year-to-date rise of 4.78%.
Low-cost airline Ryanair (RYAAY) - Get Report was marked 4.21% lower in London, changing hands at 18.48 pence a share, after gaining almost 10% over the past three months.
International Airlines Group (ICAGY) , the parent company of British Airways and Spanish airline Iberia, fell 2.46% to 609 pence. Easyjet (ESYJY) was down 2.38%, Lufthansa (DLAKY) lost 1.74% and Air France KLM (AFLYY) lost 3.19%.
The tourist industry have been hit by a string of terrorist attacks across Europe, including London, Paris, Nice and now Barcelona, as people have been put off by repeat attacks.
French hotel chain Accor (ACCYY) shares fell 1.5% in Paris to €38.78. InterContential Hotels (IHG) - Get Report were marked 1.63% lower in London, changing hands at 3,921 pence.
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