Global stock markets have crashed
Global stock markets moved into the red on Friday, while a massive outage hit many companies. “Airlines fell around 2-3% due to massive IT outages that affected some media and banks; Stocks in these sectors also fell in a broader retracement » Stock markets, Neil Wilson, Finalto analyst, commented to Agence France-Presse.
The London Stock Exchange was directly affected by the crash. According to a notice posted on its website, its news delivery platform has been disrupted. By 11:15 am, London was down 0.36%, Paris 0.38%, Frankfurt 0.74% and Milan 0.41%.
On the business side, Frankfurt-listed Microsoft shares lost 1.11% at 11:10 am. Shares of cyber security specialist Crowdstrike – whose cyber security solution may be linked to the global outage – also fell 13.61% in New York-listed Frankfurt. German stock market.
Among airlines, Ryanair lost 1.74% in Dublin, Wizz Air lost 2.73% in London, Air France-KLM lost 0.96% in Paris and Cathay Pacific lost 0.74% in Hong Kong. Frankfurt Airport operator Fraport lost 2.02%. Spanish airports manager Ena fell 1.21% in Madrid. As for Groupe ATP, its activity fell by 1.24%, despite its airports being spared from the shutdown.
“Alcohol enthusiast. Twitter ninja. Tv lover. Falls down a lot. Hipster-friendly coffee geek.”