Airline shares hit by Ebola fears
|London | Wall Street | Asia|
(Close): Shares in airlines have fallen sharply on worries that demand for travel will be hit by news of an Ebola case in Madrid.
Investor confidence was also hit by gloomy figures from Germany.
Official figures showed that German industrial production shrank 4% in August, the biggest fall since early 2009.
However, the mining sector was enjoying a strong day following news of Glencore's bid for Rio Tinto.
Rio Tinto shares closed 0.8% higher after the mining company said it had rejected a takeover bid from Glencore.
Shares in Glencore fell 2.5%, but among other mining firms Anglo American climbed 2% and Randgold rose 0.02%.
But shares in telecoms testing firm Spirent Communications sank 21.8% after it said third-quarter revenues were only expected to see a small rise.
"Trading conditions softened in the latter part of the third quarter in the United States and China," Spirent said.
"Demand levels dipped sharply as a result of merger activity and delays in capital expenditure."