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French tourism, luxury stocks pummeled after Paris attacks
November 16, 2015 / 8:30 AM / 2 years ago

French tourism, luxury stocks pummeled after Paris attacks

PARIS, Nov 16 (Reuters) - French tourism-related and luxury stocks fell sharply early on Monday following the attacks in Paris on Friday, with hotel group Accor opening as much as 7 percent lower.

Aeroports de Paris, the operator of Paris’ Charles de Gaulle and Orly airports and Air France were each down about 5 percent while Eurotunnel was down 4.5 percent.

Luxury groups Hermes, LVMH and Kering , which get a large part of their sales from foreign tourists in Paris, were both down about 3 percent. (Reporting by Geert De Clercq. Editing by Jane Merriman)

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