Markets open lower after Paris attacks but avoid sell-off

The FTSE 100 opened down 0.5% this morning, in the first trading session since the terrorist attacks in Paris on Friday night.

Last week's attacks in Paris killed 129 people and left hundreds more injured. Analysts had forecast a global sell-off in financial markets this morning, saying tourism and luxury goods companies in particular could suffer. However, the markets avoided a sharp fall, with the FTSE 100 and FTSE 250 down 0.5% this morning. The blue-chip index had already closed at a six-week low on Friday. This morning's biggest fallers include Rolls Royce, down 5.8%, and Aberdeen Asset Management, down 4.8%, after reports of job cuts at the firm. The biggest risers were resources stocks, with Angl...