Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

EU shares dropped on persisting fears and gloomy results…  Join our daily free Newsletter

MENAFN - ecPulse - 05/11/2012

No. of Ratings : 0
Add to Mixx!


 


The European shares plummeted throughout the day to drop by the most in two weeks and accordingly close the day in red as pessimism is spread throughout the EU stock market as on one hand HSBC Holdings Plc and CGGVeritas reported earnings that disappointed investors while that on the other hand it is speculated that Greece will struggle deeply to get a bailout.

 

Indices performance came as follows:

 

CAC 40 Index

 

The French index fell 43.96 points or 1.26% to finally close at 3448.50. The index started the session at 3468.71 and recorded throughout the day its highest level at 3488.50 and its lowest level at 3473.57.

The worst performing shares in terms of subtracted value for the index were led by the Total SA share as it plummeted 1.94% to end at €68.09, following is the Sanofi SA share as it shed 1.88% to settle at €98.56, while coming in third is the LOreal SA share which slumped  to close at €38.84.

Best performing stocks within the index were the Alcatel-Lucent share which inclined 0.67% to settle at €48.53, in second place came the Danone SA share which closed higher by 1.16% at €00.

  DAX Index

German equities retreated today as the benchmark index DAX 30 closed the session lower by 37.38 points or 0.51% at 7326.47. The index started the session at 7320.98 and recorded throughout the day its highest level at 7304.45 and its lowest level at 7337.47.

The worst performing shares in terms of subtracted value for the index were led by the Deutsche Bank AG share as it plummeted 2.05% to end at €15.32, following is the Henkel AG share as it shed 1.41% to settle at €62.75, while coming in third is the Deutsche Boerse AG share which slumped 2.90% to close at €1.56.

Best performing stocks within the index were the Commerzbank AG share which inclined 1.09% to settle at €125.40, in second place came the Muencherer Rueckversicherungs AG share which closed higher by 2.42% at €42.46 and in the third place came the Merck KGAA share which inclined 0.37% to settle at €98.52.

FTSE 100 Index

The British benchmark index ended the day lower to settle at 5839.06 with a loss of 29.49 points or 0.50%. The index started the session at 5868.55 and recorded throughout the day its highest level at 5825.55 and its lowest level at 5868.55.

The worst performing shares in terms of subtracted value for the index were led by the Rio Tinto share as it plummeted 1.29% to end at £618.00, following is the HSBC Holdings PLC share as it shed 0.90% to settle at £441.20, while coming in third is the BP PLC share which slumped 2.15% to close at £314.50.

Best performing stocks within the index were the British American Tobacco PLC share which inclined 1.65% to settle at £1384.00, in second place came the GlaxoSmithKline PLC share which closed higher by 4.57% at £183.00 and in the third place came the Weir Group PLC share which inclined 0.98% to settle at £3128.00.


 






  MENA News Headlines


 
Click to Apply






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help