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Europe Roundup: Equities falter
by hlk Fri 12 Aug 2011, 08:09
LONDON: European stocks were on a knife edge yesterday with banks under renewed pressure on growing concern that the eurozone debt crisis is far from over, dealers said.
In choppy trading, the Paris stock market fell back into the red in late morning deals, losing more than 1 per cent at one stage, having earlier rallied by more than 2 per cent.
London shares gained 0.85 per cent in mid-day trading, while Frankfurt gained 0.95 per cent in value, but both indices trimmed their earlier gains.
In choppy trading, the Paris stock market fell back into the red in late morning deals, losing more than 1 per cent at one stage, having earlier rallied by more than 2 per cent.
London shares gained 0.85 per cent in mid-day trading, while Frankfurt gained 0.95 per cent in value, but both indices trimmed their earlier gains.
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