Travel firms drag down FTSE after Brussels explosions

Attacks on airport and metro station

Laura Dew
clock • 1 min read

Travel firms are among the biggest fallers in the FTSE 100 index this morning, after two explosions at an airport and a metro station in Brussels left multiple casualties.

Some of the biggest fallers in the FTSE 100 index this morning were airlines International Airlines Group and easyJet, trading 3.3% and 3.1% lower, respectively. Other travel-related stocks TUI, InterContinental Hotels Group and Carnival are also down by 3%, 1.8% and 2.2%, respectively. The wider blue-chip index is trading 0.4% lower at 6,162, while the FTSE 250, which includes travel firm Thomas Cook and airline Ryanair, is around 0.1% lower at 16,847. In Europe, the Euro Stoxx 50 and German DAX are both trading around 0.4% lower, while the Belgian index BEL 20 is down 0.3% at 3,4...

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 Economics

Bank of England commits to economic forecasting overhaul following Bernanke review

Bank of England commits to economic forecasting overhaul following Bernanke review

'Substantial' upgrade programme

Valeria Martinez
clock 12 April 2024 • 2 min read
Ben Bernanke urges Bank of England to upgrade 'out of date' forecasting infrastructure

Ben Bernanke urges Bank of England to upgrade 'out of date' forecasting infrastructure

Publication of ‘alternative scenarios’

Valeria Martinez
clock 12 April 2024 • 3 min read
IMF managing director warns central banks to 'resist' calls for early rate cuts

IMF managing director warns central banks to 'resist' calls for early rate cuts

Banks on ‘final stretch’ of inflation battle

Eve Maddock-Jones
clock 12 April 2024 • 2 min read
Trustpilot