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Europe shares close lower on fears of rising oil prices
28/02/2012 09:50:00
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The independent Iraqi news agency / listen ... European shares fell on Monday on fears that high oil prices hurt the global economy while still controls the investors concern because of Greece's debt problems.
The FTSEurofirst 300 of leading European shares was down 0.3 percent at 1073.81 points, while the inn EURO STOXX 50 index for the euro zone was 0.4 percent, to 2513.06 points, .
The Bank Societe Generale Global the biggest losers as it dropped 3.7 percent after full-year results were below expectations, while the bad morale affected the banking sector to share Credit Agricole lost 3.5 percent and Commerzbank 2.8 percent.
Said Jerome, an analyst at any Venier. G Markets in Paris "was a key indicator levels While there is a possibility to correct a technical no panic is still a positive trend in the medium term."
Shares which are seen as less vulnerable to economic cycles, where Telecom Italia shares rose 2.8 percent and 0.4 percent, Nestle.
And influenced concerns about the growth associated with cyclical stocks where share my hostel. S. AT Peugeot of 3.5 percent and Daimler 2.9 percent with growing concern about rising oil prices because of the tension in the Middle East.
In Europe, the Financial Times Index was down 100 British 0.3 percent and Germany's DAX 0.2 percent
France 0.7 percent and the CAC 40.
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28/02/2012 09:50:00
Font size:
The independent Iraqi news agency / listen ... European shares fell on Monday on fears that high oil prices hurt the global economy while still controls the investors concern because of Greece's debt problems.
The FTSEurofirst 300 of leading European shares was down 0.3 percent at 1073.81 points, while the inn EURO STOXX 50 index for the euro zone was 0.4 percent, to 2513.06 points, .
The Bank Societe Generale Global the biggest losers as it dropped 3.7 percent after full-year results were below expectations, while the bad morale affected the banking sector to share Credit Agricole lost 3.5 percent and Commerzbank 2.8 percent.
Said Jerome, an analyst at any Venier. G Markets in Paris "was a key indicator levels While there is a possibility to correct a technical no panic is still a positive trend in the medium term."
Shares which are seen as less vulnerable to economic cycles, where Telecom Italia shares rose 2.8 percent and 0.4 percent, Nestle.
And influenced concerns about the growth associated with cyclical stocks where share my hostel. S. AT Peugeot of 3.5 percent and Daimler 2.9 percent with growing concern about rising oil prices because of the tension in the Middle East.
In Europe, the Financial Times Index was down 100 British 0.3 percent and Germany's DAX 0.2 percent
France 0.7 percent and the CAC 40.
[You must be registered and logged in to see this link.]
