Friday, July 25, 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:
Hong Kong shares end at three-year high (07-24 17:20)
Asian shares mostly up on China manufacturing data (07-24 16:52)
Hong Kong shares end 0.71 percent higher (07-24 16:26)
LG profit soars in second quarter (07-24 15:17)
Nikkei reverses early gains (07-24 14:58)
Hang Seng up at mid-day (07-24 12:26)
Japan trade deficit expands further (07-24 11:38)
SKorea to launch US$40b stimulus package (07-24 11:18)
Nikkei up by break (07-24 11:09)
China factory activity jumps to 18-month high: survey (07-24 10:53)

More breaking news >>

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