Showing posts with label FTSEurofirst 300 index. Show all posts
Showing posts with label FTSEurofirst 300 index. Show all posts

Monday, August 6, 2007

European stocks extend losses on credit worries

(Reuters) - European stocks extended their losses late on Monday, dropping 1 percent in choppy trade on persistent worries over the crisis in the credit market while shares of oil giants dropped along with crude prices.

At 1503 GMT, the pan-European FTSEurofirst 300 index was down 1 percent, at 1,502.62, a level not seen since March.


Read more at Reuters Africa

Thursday, June 21, 2007

Europe shares fall as Nokia slides, bonds in focus

(Reuters) - European shares fell on Thursday as a rise in government bond yields hit Wall Street overnight while Finnish mobile phone maker Nokia slid after a downgrade from Goldman Sachs.

At 07:15 GMT the pan-European FTSEurofirst 300 index fell 0.3 percent to 1,615.00 points, after a 1.4 percent slide in the Standard & Poor's 500 index on Wednesday as benchmark U.S. Treasury yields broke back above 5.00 percent.


Read more at Reuters Africa

Wednesday, June 13, 2007

European shares retreat on global rate concerns

(Reuters) - European stocks fell on Wednesday, mirroring losses in U.S. and Asian markets as government bond yields hovered near five-year highs and stoked worries of higher borrowing costs.

Financials including ING and Allianz were among the biggest negative weights in the FTSEurofirst 300 index. Among gainers, British bank Alliance & Leicester added 1.5 percent after it issued an upbeat trading update.


Read more at Reuters Africa