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Europe Roundup: Equities fall
by hlk Thu 22 Sep 2011, 08:33
LONDON: European equities and the euro fell yesterday on fresh concerns over banks' exposure to indebted Greece, but losses were capped by expectations of more stimulus measures from the US Federal Reserve.
London's FTSE 100 index of leading shares slid 0.34 per cent to 5,345.76 points in morning deals, Frankfurt's DAX 30 lost 0.99 per cent to 5,515.32 points and in Paris the CAC 40 dropped 0.80 per cent to 2,960.61. The Stoxx 50 index of leading eurozone companies lost 0.69 per cent to 2,125.65 points.
"Decisions are being delayed and investors are getting worried. There is a hope that Greece's default will be delayed and orderly, but few believe it can be avoided," said David Morrison, analyst at trading group GFT. - AFP
London's FTSE 100 index of leading shares slid 0.34 per cent to 5,345.76 points in morning deals, Frankfurt's DAX 30 lost 0.99 per cent to 5,515.32 points and in Paris the CAC 40 dropped 0.80 per cent to 2,960.61. The Stoxx 50 index of leading eurozone companies lost 0.69 per cent to 2,125.65 points.
"Decisions are being delayed and investors are getting worried. There is a hope that Greece's default will be delayed and orderly, but few believe it can be avoided," said David Morrison, analyst at trading group GFT. - AFP
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