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Europe Roundup: Marts fall
by hlk Sat 10 Dec 2011, 08:55
LONDON: Europe's main stock markets fell while the euro overturned early losses yesterday to trade higher against the dollar after Britain scuppered plans for a new EU treaty to tackle the eurozone debt crisis.
London's FTSE 100 index slid 0.25 per cent to 5,483.33 points in volatile morning deals and Frankfurt's DAX 30 dipped 0.11 per cent to 5,865.87 points, while the Paris CAC 40 edged up 0.13 per cent to 3,099.30.
The euro rose to US$1.3328 from US$1.3312 late on Thursday.
On the eurozone bond market, yields on 10-year German debt edged up, French yields eased, and Italian and Spanish yields rose.
A clash between non-euro Britain versus France and Germany overshadowed a pledge to pump euro200 billion into IMF coffers to help the eurozone. AFP
London's FTSE 100 index slid 0.25 per cent to 5,483.33 points in volatile morning deals and Frankfurt's DAX 30 dipped 0.11 per cent to 5,865.87 points, while the Paris CAC 40 edged up 0.13 per cent to 3,099.30.
The euro rose to US$1.3328 from US$1.3312 late on Thursday.
On the eurozone bond market, yields on 10-year German debt edged up, French yields eased, and Italian and Spanish yields rose.
A clash between non-euro Britain versus France and Germany overshadowed a pledge to pump euro200 billion into IMF coffers to help the eurozone. AFP
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