FTSE 100 falls on swine flu fears

FTSE 100 falls on fears over swine flu
FTSE 100 falls on fears over swine flu
 

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The FTSE 100 has fallen along with stock markets all over the world after a swine flu outbreak.

By 09:15 BST, the index was down by 30 points to 4,125.86, with travel stocks leading the decline.

British Airways fell 8.24 per cent, while Thomas Cook Group dropped 7.34 per cent.

The pharmaceutical sector supported the index, however, and GlaxoSmithKline rose by 3.18 per cent, while AstraZeneca jumped 2.8 per cent in early trading.

In Hong Kong, the Hang Seng index fell 2.74 per cent following news yesterday of the latest outbreak, which has spread all over the world from Mexico.

The US markets are also expected to be affected when they open for trade later today.

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