European shares fall led by travel stocks after Brussels attacks

martes 22 de marzo de 2016 07:20 GYT

* Pan-European FTSEurofirst 300 index down 0.8 pct

* Travel and leisure stocks lead the market lower

* Partners Group bucks the trend after update

* Strong data help FTSEurofirst come off lows (ADVISORY- Reuters plans to replace intra-day European and UK stock market reports with a Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets for site in development. See the bottom of the report. Updates prices, adds details)

By Atul Prakash and Danilo Masoni

LONDON/MILAN, March 22 (Reuters) - European shares fell on Tuesday with travel and leisure stocks leading the market lower after attacks at Brussels airport and in the city's metro system killed at least 21 people.

A suicide bomber blew himself up at Brussels airport killing at least 11 people and a further blast tore through a rush-hour metro train in the capital shortly afterwards, claiming 10 lives, according to public broadcaster VRT.

"Geopolitical risk, including acts of terrorism which directly affect trade or movement, remains a significant risk factor to monitor," said Lorne Baring, managing director of B Capital Wealth Management in Geneva.

"In a period where there is suboptimal growth both in Europe and globally, combined with equity valuations that are no longer cheap, there exists an environment which is susceptible to shocks that can act as a trigger for falls in asset prices."   Continuación...