Share prices of travel groups TUI AG and Thomas Cook plunged on the London stock market Monday following the attack in Tunisia that killed 38 people, most of them British tourists.
TUI AG fell 8.27 percent in early trading, while Thomas Cook shed seven percent in a market also unsettled by the Greek crisis.
The declines were more severe than the overall 2.14 percent slide of benchmark FTSE 100 index.
Stock markets elsewhere in Europe suffered even worse drops Monday, with Paris' CAC 40 shrinking 4.32 percent, Frankfurt's DAX 30 losing 4.26 percent and Milan and Madrid bourses shedding 4.35 percent.
The dive of TUI and Thomas Cook in London trading reflected investor concern about tourism activity following Friday's attack at a Tunisian vacation destination that appeared to target primarily Western tourists.
At least 15 Britons were killed, and the British government has warned that death toll could continue to rise.
In updated travel advice Sunday, the Foreign Office urged those who remained in Tunisia to be vigilant and said there was a risk of further incidents.
About 20,000 Britons were on package holidays at the time of the attack, and travel companies have laid on flights to repatriate those who want to come home.
GMT 11:02 2018 Tuesday ,11 December
ASE opens trading on lower noteGMT 15:40 2018 Monday ,10 December
Amman stock market closes trading at JD4.4 millionGMT 19:10 2018 Wednesday ,05 December
Index at Palestine stock market drops by less than one pointGMT 17:58 2018 Sunday ,25 November
Amman stock market wraps up trading at JD2.6 millionGMT 14:24 2018 Thursday ,22 November
Russia’s stock market demonstrates record-breaking figures in 2018GMT 11:45 2018 Tuesday ,20 November
Tokyo stocks close lower as tech issues weigh, Nissan tumblesGMT 15:08 2018 Monday ,19 November
Amman stock market wraps up trading at JD6.1 millionGMT 15:51 2018 Sunday ,18 November
U.S. stocks post weekly losses amid tech shares routMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor