European Shares Steady Apart from Travel Sector

Shares in Europe’s travel and tourism companies suffered heavy falls on Monday as investors worried about the impact of the Paris attacks.

Airlines were among the big fallers, with Air France down 6% and British Airways owner IAG down 3%. French hotel group Accor was almost 5% down.

Stock markets in London and Frankfurt had nudged up by mid-afternoon after recovering from early falls.

But in Paris the Cac 40 index was down 0.15%.

The price of gold rose 1% as investors sought the safety of traditional havens.

Stocks on Wall Street were slightly higher shortly after trading began, with the Dow Jones up 0.2%.

via BBC

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