Bursa Alert
Global Market
NewsEurope Roundup: Sharply lower
Page 1 of 1
Europe Roundup: Sharply lower
by hlk Tue 19 Jul 2011, 07:43
LONDON: European shares fell sharply yesterday, and were testing key technical lows, with the financial sector among the biggest fallers as long-awaited bank stress tests result served only to intensify worries about the regional debt crisis.
At 1119 GMT, the FTSEurofirst 300 index of leading shares was down 1.2 per cent at 1,074.28 points.
In late morning deals, London's FTSE 100 index sank 0.94 per cent to 5,788.99 points, Frankfurt's DAX 30 plunged 1.06 per cent to 7,143.26 points and in Paris the CAC 40 dived 1.23 per cent to 3,680.71.
Madrid's stock market slipped 0.28 per cent and Milan lost a hefty 1.61 per cent in value.
"Money continues to move out of equities and into gold as ongoing eurozone debt concerns continue to gather momentum," said ETX Capital trader Manoj Ladwa. - Agencies
At 1119 GMT, the FTSEurofirst 300 index of leading shares was down 1.2 per cent at 1,074.28 points.
In late morning deals, London's FTSE 100 index sank 0.94 per cent to 5,788.99 points, Frankfurt's DAX 30 plunged 1.06 per cent to 7,143.26 points and in Paris the CAC 40 dived 1.23 per cent to 3,680.71.
Madrid's stock market slipped 0.28 per cent and Milan lost a hefty 1.61 per cent in value.
"Money continues to move out of equities and into gold as ongoing eurozone debt concerns continue to gather momentum," said ETX Capital trader Manoj Ladwa. - Agencies
hlk- Moderator
- Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia
Similar topics» Europe Roundup: Down sharply
» Europe Roundup: Broadly lower
» Europe Roundup: Broadly lower
» Europe Roundup: Trading lower
» Europe Stocks to Open Sharply Lower on Debt Fears
» Europe Roundup: Broadly lower
» Europe Roundup: Broadly lower
» Europe Roundup: Trading lower
» Europe Stocks to Open Sharply Lower on Debt Fears
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum