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| Version 1 | Version 2 |
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| European stock markets dip after Spain terrorist attacks | European stock markets dip after Spain terrorist attacks |
| (5 months later) | |
| Shares in airline, hotel and travel companies among hardest hit after atrocities in Barcelona and Cambrils | |
| Staff and agencies | |
| Sat 19 Aug 2017 08.08 BST | |
| First published on Fri 18 Aug 2017 18.04 BST | |
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| Stock markets in Europe have fallen after the Barcelona attack, with shares in airline, hotel and travel companies among the hardest hit. | Stock markets in Europe have fallen after the Barcelona attack, with shares in airline, hotel and travel companies among the hardest hit. |
| IAG, the parent company of British Airways and the Spanish carrier Iberia, fell 2% on Friday. Ryanair and easyJet posted more modest losses, while Air France-KLM ended the day 1.6% down. InterContinental Hotels Group lost 1.6%, and more broadly, the European travel and leisure index fell 1.5%. | IAG, the parent company of British Airways and the Spanish carrier Iberia, fell 2% on Friday. Ryanair and easyJet posted more modest losses, while Air France-KLM ended the day 1.6% down. InterContinental Hotels Group lost 1.6%, and more broadly, the European travel and leisure index fell 1.5%. |
| Neil Wilson, analyst at the stock market betting firm ETX Capital, said: “As we’ve seen over the last couple of years in Europe, these kinds of atrocities affect tourism and will hit airline earnings.” | Neil Wilson, analyst at the stock market betting firm ETX Capital, said: “As we’ve seen over the last couple of years in Europe, these kinds of atrocities affect tourism and will hit airline earnings.” |
| IAG and easyJet have ascribed recent dents in profits to uncertainty after terrorist attacks last year, with leisure bookings frequently dropping across many destinations in the immediate aftermath. | IAG and easyJet have ascribed recent dents in profits to uncertainty after terrorist attacks last year, with leisure bookings frequently dropping across many destinations in the immediate aftermath. |
| There has been an increase in bookings to European holiday destinations after terrorist attacks in Tunisia, Turkey and Egypt, with Spain among the biggest beneficiaries. | There has been an increase in bookings to European holiday destinations after terrorist attacks in Tunisia, Turkey and Egypt, with Spain among the biggest beneficiaries. |
| David Madden, analyst at the spreadbetting firm CMC Markets UK, said the attack had shaken tourist-related stocks: “When events like this happen, traders wonder will there be a negative impact on tourism, and companies in the travel and leisure sector feel the pressure,” he said. | David Madden, analyst at the spreadbetting firm CMC Markets UK, said the attack had shaken tourist-related stocks: “When events like this happen, traders wonder will there be a negative impact on tourism, and companies in the travel and leisure sector feel the pressure,” he said. |
| The London FTSE 100 was down 0.9% at 7,323.98 points at the close of trading on Friday. Madrid was down 0.5% and there were also falls in Frankfurt and Paris. | The London FTSE 100 was down 0.9% at 7,323.98 points at the close of trading on Friday. Madrid was down 0.5% and there were also falls in Frankfurt and Paris. |
| Stock markets | |
| Travel & leisure | |
| Airline industry | |
| Spain attacks | |
| Shares | |
| Investments | |
| news | |
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