The Traderszone Network

Published in TZ Latest News 16 November, 2015 by The TZ Newswire Staff

Billions wiped off travel shares after Paris attacks, overall market steady

European shares held steady on Monday, supported by gains in the energy sector that helped offset a slump in travel stocks following Friday’s militant attacks in Paris. Energy shares outpaced the broader market, buoyed by the prospect of higher oil prices following stepped-up French air strikes on Islamic State targets in Syria. Shares in French hotel group Accor fell 4.7 percent, Air France fell 5.7 percent while shares in Eurotunnel and Aeroports de Paris, the operator of Paris’ Charles de Gaulle and Orly airports, were down over 3.8 percent.