Business
Why ASX travel shares like Webjet (ASX:WEB) fell lower on Monday – The Motley Fool Australia
ASX travel shares fell lower on Monday as coronavirus fears in New Zealand sparked a temporary travel bubble suspensions in Australia.
It was a soft start to the week for ASX travel shares as coronavirus fears appeared to spark a small sell-off.
The Webjet Limited (ASX: WEB) share price closed the day down 3.8% at $4.77 per share while Qantas Airways Limited (ASX: QAN) shares fell 1.7%.
Why did ASX travel shares fall lower on Monday?
The big news on Monday afternoon was the temporary suspension of the Trans-Tasman Travel Bubble (TTTB).
The TTTB has been in operation since late 2020 which allows New Zealanders to travel into Australia…
-
Noosa News19 hours agoProtest calls for shark net removal
-
General18 hours agoThree youths in police custody after fire at Ashley Youth Detention Centre in northern Tasmania
-
Noosa News21 hours agoNew playground equipment encourages children to learn through ‘risky play’
-
Business17 hours agoWhy this speculative ASX stock is jumping 6% today