Europe, closing the auction: Stock indexes fell on the session
December 1, 2009 – 11:21 amEuropean stocks finished the session in the red zone against the backdrop of the fact that the UAE central bank’s promise to support the banks in connection with the possibility of default Dubai World has failed to completely reassure investors.
Prices on Paper Royal Bank of Scotland Group, which was one of the largest creditors of Dubai World, declined by 2,4%, shares of Bank of Ireland Plc lost 3.4% after reports of a possible loss of the company worth 3.4 billion euros.
Atos Origin shares lost 2.3% after its publication in a French newspaper interview with company president Terry Bretona in which Breton said the expected drop in sales in Atos Origin by 3-4% this year.
pan-European FTSEurofirst 300 index fell 1.29% – up 986.70 points, Britain’s FTSE 100 index – on 0,93% – to 5197.10 points, the German DAX – on 1,03% – to 5,627.06 points, the French CAC 40 – on 1,11% – to 3680.15 points.
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