Sam is a trader and one of our lead stock analysts at AskTraders. After starting his career predominantly in the forex markets, Sam now focuses on gold and stocks with a preference for macroeconomic analysis.
European airline stocks are falling on Friday as several European nations face a third wave of coronavirus infections due to the spread of the variant first found in the UK and the slow pace of the vaccine rollout.
Paris and northern parts of France, some of the hardest-hit districts, are set to enter a month-long lockdown to try and regain control over the spread.
Italy and Poland have also gone into new lockdowns, while politicians and experts in Germany are calling for restrictions to remain in place for longer as case numbers rise.
The news has seen European airlines stock fall once again as fears surrounding summer holiday plans increase.
Shares of European airlines have fallen, currently trading at:
There are still hopes that the European vaccine passport plans could come to fruition in time for a summer reopening, but it is still to be agreed upon by leaders.
Should you invest in European Airline Shares? One of the most frequently asked questions we receive is, “what stocks are best to buy right now?” It's a wide-ranging question, but one that we have answered… Our AskTraders stock analysts regularly review the market and compile a list of which companies you should be adding to your portfolio, including short and longer-term positions. Here are the best stocks to buy right now…
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage . 75 % of retail investor accounts lose money when trading CFDs with this provider . You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money .