Falls in travel stocks hit FTSE as terror threats escalate

Oil jumps 2%

Anna Fedorova
clock

Falls in travel stocks have hit the FTSE 100 index in mid-afternoon trading, as fears of further terrorist attacks grip the world.

The UK's blue chip index was trading 1.2% lower by 1.45pm at 6,228, with travel companies among the most hit stocks. International Consolidated Airlines Group was the biggest faller in the index, down 4.2% at 544p, while easyJet, TUI and InterContinental Hotels Group were also hit (down 3.2%, 2.8% and 3.2%, respectively). Travel companies suffered as countries across the globe remained on high terror alert following the attacks which shook Paris on 13 November. Markets open lower after Paris attacks but avoid sell-off Since then, Belgium has introduced a high terror alert in Brus...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Global

21st Federal Reserve vice-chair Richard Clarida on Trump, the US election and the 2% inflation target

21st Federal Reserve vice-chair Richard Clarida on Trump, the US election and the 2% inflation target

Q&A with Pimco's global economic adviser

Linus Uhlig
clock 05 November 2024 • 5 min read
AJ Bell's James Flintoft: Negativity on China has become excessive

AJ Bell's James Flintoft: Negativity on China has become excessive

Increase in appetite for Chinese equities

James Flintoft
clock 22 October 2024 • 3 min read
World's largest investment managers back in the black as AUM reaches $128trn

World's largest investment managers back in the black as AUM reaches $128trn

Thinking Ahead Institute research

Linus Uhlig
clock 21 October 2024 • 2 min read
Trustpilot