European Factors to Watch-Shares seen down, focus on travel stocks

martes 24 de noviembre de 2015 03:36 GYT

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LONDON Nov 24 (Reuters) - European shares were expected to fall for a second day on Tuesday, tracking losses on Wall Street, with some disappointing company updates seen putting pressure on the market.

Aerospace supplier Zodiac Aerospace posted a 44.6 percent drop in core annual earnings in the wake of production delays at its troubled aircraft seats division, while Kingfisher, Europe's largest home improvement retailer, missed forecasts with a 6.6 percent fall in third-quarter profit.

Travel and leisure stocks will remain in focus. The U.S. State Department issued a global alert on Monday for Americans planning to travel following deadly militant attacks in France and Mali citing "increased terrorist threats" from militant groups in various regions of the world.

Travel information firm ForwardKeys said new flight bookings to Paris, one of the world's most visited cities, have fallen by over a quarter in the week following attacks there that killed more than 120 people.

Futures for the Euro STOXX 50, Germany's DAX, France's CAC and Britain's FTSE 100 were down 0.2 to 0.5 percent by 0733 GMT.

The pan-European FTSEurofirst 300 index closed 0.3 percent lower at 1,500.14 points in the previous session.

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