(MENAFN– ecpulse)
The EU shares plunged to close in red territories today after two days of gains as sentiments of pessimism are clearly sensed on a global and local scale before a Federal Reserve meeting next week that may give clues on when it will reduce its stimulus.
Being aware that Budget talks on the U.S soil will grab attention as Congressional officials have a deadline of Dec. 13 to clinch a deal to trim automatic spending cuts.
CAC 40 Index
The French index fell 42.96 points or 1.04% to finally close at 4091.14. The index started the session at 4126.55 and recorded throughout the day its highest level at 4144.80 and its lowest level at 4091.14.
The worst performing shares in terms of subtracted value for the index were led by the EADS NV share as it plummeted 2.59% to end at €49.18, following is the Renault SA share as it shed 2.35% to settle at €59.03.
DAX Index
German equities retreated today as the benchmark index DAX 30 closed the session lower by 80.73 points or 0.88% at 9114.44. The index started the session at 9180.29 and recorded throughout the day its highest level at 9223.73 and its lowest level at 9091.97.
The worst performing shares in terms of subtracted value for the index were led by the Merck KGaA share as it plummeted 1.95% to end at €125.50, following is the Volkswagen AG share as it shed 1.60% to settle at €190.60.
FTSE 100 Index
The British benchmark index ended the day lower to settle at 6523.31 with a loss of 36.17 points or 0.55%. The index started the session at 6559.48 and recorded throughout the day its highest level at 6519.00 and its lowest level at 6519.00.
The worst performing shares in terms of subtracted value for the index were led by the Vodafone Group PLC share as it plummeted 1.18% to end at £230.70, following is the HSBC Holdings PLC share as it shed 1.18% to settle at £652.10.
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