Monday, Nov 19, 2007

Pan-European FTSEurofirst Index Goes Negative For The Year

Reuters: European stocks extend fall, index negative on year

LONDON, Nov 19 (Reuters) - European equities fell across the board on Monday and hit the day's lowest levels as banks again topped losers in a market still worried about the impact of exposure to the risky U.S. mortgage market.

By 1115 GMT, the pan-European FTSEurofirst index (.FTEU3: Quote, Profile, Research) was 0.6 percent weaker at 1,485.2 and sharply below the day's highs of 1,502.8. At its lows, the index turned negative on the year compared with a 15 percent gain at the same time last year.

Posted by cr4shw4tcher @ 10:41 AM (182 views) Add Comment

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