The key Spanish Stock Market index – Ibex 35 – fell on the opening following the attack late yesterday in the Las Ramblas area of Barcelona, which according to earlier reports left 13 dead and more than 50 injured.
Tourism industry-related stocks such as IAG and Aena led the fall, which reduced gains made earlier in the week. IAG, owner of Iberia and Vueling, fell some 2%, while the airports manager Aena fell 1.7%. For its part, hotel chain Meliá fell by 1.4%.
Other European markets also dropped, with France’s CAC down more than 1%, the German DAX down 0.8% and the London FTSE down 0.7%. The Eurostoxx 50 , which gathers the main companies of European exchanges, fell 1%.
Airlines such as Easyjet, Lufthansa, Ryanair and Air France-KLM have also seen their values falling in the European stock markets, with decreases of 3.2%, 2%, 2.6% and 3.6% respectively.