Bursa Alert
Global Market
NewsEurope Roundup: Bank stocks sink
Page 1 of 1
Europe Roundup: Bank stocks sink
by hlk Thu 07 Jul 2011, 08:05
LONDON: European stock markets dropped yesterday when banking share prices tumbled in reaction to the eurozone's deepening debt crisis.
London's FTSE 100 index of top shares fell 0.58 per cent to 5,988.58 points approaching midday trade, Frankfurt's DAX 30 slipped 0.23 per cent to 7,422.38 points and in Paris the CAC 40 index lost 0.36 per cent to 3,964.88.
The Stoxx 50 index of leading eurozone companies shed 0.63 percent to 2,832.99 points.
At 1123 GMT, the FTSEurofirst 300 index of top European shares was down 0.6 per cent at 1,115.82 points.
Moody's Investors Service late on Tuesday slashed its credit rating on indebted eurozone struggler Portugal, bailed out earlier this year, by four notches to Ba2 from Baa1, warning it could be lowered further. - Agencies
London's FTSE 100 index of top shares fell 0.58 per cent to 5,988.58 points approaching midday trade, Frankfurt's DAX 30 slipped 0.23 per cent to 7,422.38 points and in Paris the CAC 40 index lost 0.36 per cent to 3,964.88.
The Stoxx 50 index of leading eurozone companies shed 0.63 percent to 2,832.99 points.
At 1123 GMT, the FTSEurofirst 300 index of top European shares was down 0.6 per cent at 1,115.82 points.
Moody's Investors Service late on Tuesday slashed its credit rating on indebted eurozone struggler Portugal, bailed out earlier this year, by four notches to Ba2 from Baa1, warning it could be lowered further. - Agencies
hlk- Moderator
- Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia
Similar topics» Europe Roundup: Bank stocks reel
» Europe Roundup: Stocks rally
» Europe Roundup: Stocks fall back
» Asian stocks up, euro steady on Europe bank moves
» Europe Roundup: Fourth day up
» Europe Roundup: Stocks rally
» Europe Roundup: Stocks fall back
» Asian stocks up, euro steady on Europe bank moves
» Europe Roundup: Fourth day up
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum|
|
|