This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.

You can find the current article at its original source at http://www.bbc.co.uk/news/business-35869276

The article has changed 3 times. There is an RSS feed of changes available.

Version 0 Version 1
FTSE 100 lower as travel shares fall FTSE 100 lower as travel shares fall
(about 4 hours later)
(Open): The market fell in early trade, with shares in travel-related companies lower following news of explosions at Zaventem airport in Brussels. (Noon): London's benchmark share index was lower, with shares in travel-related companies down following news of the terror attacks in Brussels.
The FTSE 100 was down 46.93 points, or 0.8%, at 6,137.65. At midday, the FTSE 100 was down 48.28 points, or 0.8%, at 6,136.30.
Shares in airlines and travel companies saw the biggest falls following the news from Brussels. News of the attacks in Brussels affected shares in airlines and travel companies.
IAG - the airline group that includes British Airways - fell 3.9% and Easyjet dropped 3%. Hotels group Intercontinental was 2.5% lower. IAG - the airline group that includes British Airways - fell 3.4%, and Easyjet dropped 1.3%. Hotels group Intercontinental was 2.2% lower.
Among the travel companies, TUI - whose brands include Thomson and First Choice - dropped 2.8% while Thomas Cook was down 5%. Among the travel companies, TUI - whose brands include Thomson and First Choice - dropped 2.5% while Thomas Cook was down nearly 7%.
Shares in BT Group fell 2% after telecoms regulator Ofcom told the company to install high-speed cables to businesses much faster and reduce the prices it charges for them. "Events in Brussels have dominated headlines this morning, with immediate reaction in financial markets a consequence of the news," said Chris Beauchamp, senior market analyst at IG.
In the FTSE 250, shares in IG Group rose 3.6% after third-quarter revenues at the online trading company jumped by 18%. Stock markets across Europe were lower. In Germany the Dax index was down 0.4%, France's Cac 40 was 0.8% lower while in Belgium the Bel 20 was 0.4% lower.
On the currency markets, the pound fell half a cent against the dollar to $1.4316. Against the euro, it was 0.2% lower at €1.2755. The price of gold - an asset traditionally seen as a haven in times of uncertainty - rose 1% to $1,255 an ounce.
Yields on benchmark German government bonds dropped to a two-week low, as the price of the bonds - which are also seen as safe assets - rose.
Sports Direct
In London, shares in BT Group fell 1.1% after telecoms regulator Ofcom told the company to install high-speed cables to businesses much faster and reduce the prices it charges for them.
In the FTSE 250, shares in Sports Direct fell nearly 9% after its founder and deputy chairman, Mike Ashley, told the Times that profits at the retailer would be lower this year.
He told the paper: "We are in trouble, we are not trading very well. We can't make the same profit we made last year."
On the currency markets, the pound fell more than three-quarters of a cent against the dollar to $1.4293. Against the euro, it fell nearly half a euro cent to €1.2740.