It is not too surprising to find the FTSE 100 index is struggling to maintain its starting position this morning, as the after-effects of yesterday's Madrid bombings will still be felt across European stock markets.
Travel firms BA, Carnival and Hilton Group has seen the worst of the downward trend within the first hour of trading on Friday, as there are now concerns tourists may be deterred from travelling after yesterday’s terrorist attacks. The FTSE 100 is hovering very close to the 4400 mark – having earlier this week been above 4550 points – as the benchmark index is down 36 points or 0.8% to 4408. The FTSE All-Share has experienced a similar fall of 0.8% to 2200. Goldman Sachs has cut BA’s earnings per share estimate to 18p, helping to lower its share price 10p or 3.5% to 274.5p while Carni...
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