Well prepared for the attacks

The murderous terrorist attacks in London understandably punctured the capital’s Olympic euphoria. Leisure, transport and media stocks, which rose strongly following the capital’s successful bid to host the games, fell furthest after the bombs went off. The same was true for real estate companies, especially those like Hammerson and British Land which have big holdings near the sites of the blasts. Then came stocks in those sectors likely to suffer in the backdraught, such as insurance and retai...