European shares fall as equity sell-off goes on
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European shares fell sharply in early trade on Monday as a sell-off in global equities snowballed, and the yen hit three-month highs against the dollar and the euro.
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European equities were lower on Monday as financial stocks slipped on profit taking, offsetting gains for real estate groups and oil companies.
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European stock markets tumbled on fears of a sell-off on Wall Street, but losses were capped by takeover activity in the tobacco and retail sectors, dealers said Wednesday.
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European stock markets closed very sharply lower Monday, with losses of more than five percent in many centres as investors sold off on concerns the US economy will fall into recession.
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Asian and European stock markets headed down again Wednesday after a broad global sell-off the day before that included a more than 3 percent drop in the Dow Jones industrial average and the loss worldwide of an estimated trillion dollars in equity.
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Equities fall as Europe fears a wider economic slump.
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Markets in Asia and Europe fell again today as investors dumped stocks that had surged in recent weeks.
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European equity markets gave up opening gains and turned lower, heading for weekly losses of nearly 5 per cent as turbulent trading resumed.
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Europe&#39;s main stock markets sank on Tuesday, with the mining sector taking a hit from weak metals prices after a mixed overnight US showing.
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European equity markets were volatile on Wednesday in the face of deepening US recession fears, which dragged Wall Street and Asian indices sharply lower.
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European equity markets turned lower by mid-afternoon on Monday, subdued by early weakness on Wall Street.
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European stocks fell Thursday, giving up earlier gains earlier in the day, amid persistent unease about the global economy and as U.S. stocks fell in early trading. Major Asian markets retreated for a third day.
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Europe&#39;s main stock markets dropped on Wednesday, mirroring losses in Asia, after a weak performance by Wall Street overnight, dealers said.
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European shares closed lower on Thursday as oil and gas companies weighed down indexes already under pressure from transport stocks such as Air France-KLM.
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European equities got off to a slow start on Friday as investors continued to recoil from financial stocks and other risky bets in the wake of US subprime writedowns this week.
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European stocks, which have performed strongly recently, have fallen back sharply in morning trading, with London banking shares undermined by concern about bad debts and French exporters hit by weakness of the dollar.
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European share prices weakened on Friday after an overnight pullback on Wall Street, while investors focused on a takeover bid for Scandinavian stock exchange operator OMX by the US Nasdaq market.