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Airlines hit turbulence following Barcelona attacks

Published: 06:53 18 Aug 2017 EDT

Neil Wilson, senior market analyst at ETX Capital, tells Proactive that airlines bore the brunt of a risk-off turn on the open this morning with shares in Ryanair, IAG, Air France KLM, Lufthansa and EasyJet all slumping following the terror attacks in Spain.

Wilson adds that airlines are already dealing with a price war and several have warned about the second half.

He says the attacks in Spain will do nothing to help and will likely hit earnings.

Australian Strategic Materials signs US$600 million LoI

Rowena Smith, CEO and managing director of Australian Strategic Materials Ltd (ASX:ASM, OTC:ASMMF), joins Jonathan Jackson in the Proactive studio to discuss the company’ s Dubbo Project, in Central West New South Wales. This project aims to extract and process critical minerals and rare earth...

4 hours, 49 minutes ago