European shares make little progress as weaker airlines offset firmer banks

jueves 21 de julio de 2016 10:44 GYT

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* Airlines slump as Lufthansa issues profit warning

* STOXX 600 index down around 7 pct so far in 2016

* ECB keeps rates unchanged at record lows

* But Draghi comments give boost to euro zone bank stocks

By Sudip Kar-Gupta

LONDON, July 21 (Reuters) - European stocks made little progress on Thursday, as a drop in the shares of major airlines offset gains in some banks which were propped up by more signs that the ECB would look to support the sector.

The pan-European STOXX 600 index and the similar FTSEurofirst 300 were both flat going into the close of the trading session.

Airline stocks fell amid fears that consumers may avoid travelling abroad for holidays after last week's attack in Nice, for which militant group Islamic State has claimed responsibility, and the attempted coup in Turkey.   Continuación...