Travel shares down as markets react to swine flu

Trading in travel shares tumbled in markets around the world Monday, amid fears that the outbreak of swine flu in Mexico could turn into a global pandemic. But shares in pharmaceutical businesses and medical companies have shown strong play. At 1100 GMT the FTSE in London was down by 0.6 percent, with the CAC in Paris down by 1.3 percent and the Dax in Frankfurt lower by 1.3 percent.

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