EU markets surge, as travel shares recover after Brussels attacks
On Wednesday, EU stocks managed to grow, with travel-related stocks recovering after the terrible bombing in Brussels.
The Stoxx Europe 600 leapt 0.6%, trading at 342.25, all the sectors moved up.
The pan-European benchmark finished -0.2% on Tuesday, but got back from the lowest value of the trading session, when sudden explosions occurred at the international airport as well as a subway station in Brussels.
On Wednesday, travel-related stocks reported quite modest revenues, after dropping in the previous session amid the Belgian attacks, which killed 34 people and injured 100.
Stocks of tour operator Thomas Cook Group PLC went up 1.7%, while low-cost airline easyJet PLC grasped 1.5%. InterContinental Hotels Group gained 0.9%.
Belgian police have already carried out a series of raids following a massive manhunt for an Islamic suspect reportedly involved in those attacks. Apart from that, RTBF, Belgian state broadcaster identified terrorists as brothers Brahim and Khalid Bakraoui.