Koyal Group Analysts Report European Stocks
Finish At Lowest Level since June
European stocks traded lower on Tuesday over concerns of military intervention in
Syria.
Banking and mining were two of the worst performing sectors.
The Italian
market counties...
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Koyal Group Analysts Report European Stocks
Finish At Lowest Level since June
European stocks traded lower on Tuesday over concerns of military intervention in
Syria.
Banking and mining were two of the worst performing sectors.
The Italian
market counties to fall over threats to bring down the government.
Aug.
28, 2013 - TOKYO, Japan -- The Stoxx Europe 600 Index fell 1.
8% to finish
the day at 299.
01, suffering the biggest one day drop since the end of June.
A number
of factors drove the market down on Tuesday; investors are concern about military
intervention in Syria, political unrest in Italy and concerns over tapering buy the US
Federal Reserve Bank.
Although the IFO institute state that German business sentiment improved in August
to 107.
5 this month from 106.
2 in July, reinforcing the idea that the country is on pace
for recovery, the DAX 30 Index fell 2.
3%.
In Paris the CAC 40 Index gave up 2.
4% and
in London the FTSE 100 Index fell 0.
8%.
In Rome the FTSE MIB Inde
Less
