Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Economy & Forex

News : Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

French leisure and travel stocks drop as new COVID curbs imminent

10/28/2020 | 03:40am EST

* Air France KLM, ADP, Airbus all down sharply

* Casino group Partouche, cinema firm Gaumont also down

* Catering companies Sodexo and Elior also fall on market

* Macron due to address nation on Wednesday evening

PARIS, Oct 28 (Reuters) - French leisure and travel stocks, including hotels group Accor and Air France KLM , slumped on Wednesday as France prepared for new restrictions to tackle a resurgence of the COVID-19 virus.

Air France KLM dropped by 6.2 percent, planemaker Airbus fell 5.4 percent and French airports group ADP slumped 6 percent.

Accor fell 5.9 percent, catering companies Sodexo and Elior also fell sharply, while cinema group Gaumont lost 2.8 percent and French casino operator Partouche fell 2.3 percent.

President Emmanuel Macron will give a televised address on Wednesday evening. The French government has been exploring a new, national lockdown from midnight on Thursday, BFM TV reported, albeit a slightly more flexible one than the two-month shutdown that began in mid-March.

Sources told Reuters earlier this week that possible options for some areas included confining people to their homes at weekends, closing non-essential shops and starting curfew measures earlier. (Reporting by Sudip Kar-Gupta; Editing by Raissa Kasolowsky)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
ACCOR -0.16% 30.32 Real-time Quote.2.60%
AIR FRANCE-KLM -1.40% 4.921 Real-time Quote.-2.46%
AIRBUS SE -0.01% 91.3 Real-time Quote.1.69%
ELIOR GROUP 3.05% 5.575 Real-time Quote.-1.90%
GAUMONT 0.00% 117.5 Real-time Quote.6.82%
GROUPE ADP 1.53% 96.45 Real-time Quote.-10.46%
GROUPE PARTOUCHE 0.00% 20.4 Real-time Quote.1.49%
SODEXO 0.54% 78.32 Real-time Quote.12.54%
Latest news "Economy & Forex"
06:10aUnitedHealth profit slumps nearly 38% as COVID-19 costs mount
RE
06:10aCanadian exchange operator TMX to start 23-hour derivatives trading to lure Asian investors
RE
06:07aBruc Energy to buy 2 GW of solar assets in Spain
RE
06:06aANALYSIS : Biden's first year could see record employment growth. More will be needed
RE
06:05aHaoxin Two Eight Ceramics was listed on the Nasdaq screen in Times Square, New York
SE
06:02aEUROPE POWER-Rising German wind power weighs on spot prices
RE
06:00aPricey U.S. stock valuations put burden on earnings to keep rally going
RE
06:00aMACRO ZEN QUIETENS STOCK BUBBLE CLAMOUR : Mike Dolan
RE
06:00aBig U.S. banks hunger for loans, capital relief as deposits pile up
RE
05:59aNew boss appointed at Stellantis' UK brand Vauxhall
RE
Latest news "Economy & Forex"