Thursday, July 31, 2014   

Europe benchmarks fall
(03-05 19:42)

Europe's main stock markets fell on concerns over growth in China and after a rollercoaster start to the week caused by the crisis in Ukraine.
London's benchmark FTSE 100 index dropped 0.44 percent to stand at 6,793.49 points in late morning trade. The mining sector was knocked by unease over China, traders said.
Frankfurt's DAX 30 slipped 0.35 percent to 9,555.62 points and in Paris the CAC 40 lost also 0.35 percent to 4,380.50 compared with Tuesday's closing values.
“UK markets have taken a turn for the worse this morning after more news from China and a number of disappointing updates weighed on the benchmark,'' said CMC Markets trader Toby Morris.
“China re-affirming a 7.5-percent growth target should be good news on recent form, but analysts have cast doubt over whether that is achievable... The lack of clarity has weighed on basic resources which is one of the worst performing sectors.''—AFP

   
Other Business breaking news:
European stocks down before US data (07-30 19:00)
Singapore Airlines profit slumps in first quarter (07-30 18:45)
Eurozone banks ease loan conditions for businesses: ECB (07-30 18:29)
Spain speeding away from crisis (07-30 18:03)
Sony to delist shares from LSE (07-30 17:06)
Trade slumps between HK, China (07-30 16:59)
NEC cuts net loss (07-30 16:57)
Nintendo logs quarterly net loss on Wii U costs (07-30 16:47)
Hang Seng extends win streak to seven days (07-30 16:12)
Barclays says first-half net profit soars (07-30 15:17)

More breaking news >>

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