Travel shares ‘suffer delayed impact from Berlin terrorist attack’

Shares in travel companies appeared to suffer a delayed shock yesterday from the terror attack in Berlin on Monday.
 
Tui Group, based in Hanover, which is down nearly 7% this year, shed 14p to close at £11.15 as investors remained cautious about the sector, which has suffered from the drop in sterling and the impact of terror attacks in Europe.
 
Analysts said that the fall in the share price of the owner of Thomson and First Choice reflected anxiety about the terrorist manhunt in Germany as other leisure stocks followed, The Times reported.
 
Carnival Corporation, which was the top performer on Tuesday, sank 8p to £41.37, while InterContinental Hotels fell 23p to £35.18.
 
Shares in airlines also failed to take off as British Airways owner International Airlines Group fell 2p to 450½p, while easyJet was flat at £10.28.