French leisure and travel stocks hit by imminent new COVID curbs
28/10/2020 08:05
PARIS, Oct 28 (Reuters) - French leisure and travel stocks,
including hotels group Accor ACCP.PA and Air France KLM
AIRF.PA , slumped on Wednesday as France prepared for new
restrictions to tackle a resurgence of the COVID-19 virus.
Air France KLM fell by 4.1 percent, while planemaker Airbus
AIR.PA also retreated by 3.3 percent. Accor fell by 2.8
percent while catering companies Sodexo EXHO.PA and Elior
ELIOR.PA also declined and cinema group Gaumont GAUM.PA lost
2.8 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. urn:newsml:reuters.com:*:nL1N2HI322
(Reporting by Sudip Kar-Gupta; Editing by Catherine Evans)
((sudip.kargupta@thomsonreuters.com; +33 1 49 49 53 84;))