Friday, Jun 20, 2008
A jump in one-week interbank lending rates
Reuters: Europe shares hit session lows as banks slide
LONDON, June 20 (Reuters) - European shares fell to session lows by midday on Friday as a sell-off in banks gathered pace, while miners continued to weigh on the broader market after an earlier dip in the gold price.
A jump in one-week interbank lending rates put further pressure on the equities market, pushing the FTSEurofirst 300 index of top European shares down 0.9 percent to 1,232.70 points by 1102 GMT.
Posted by malct @ 12:23 PM (221 views) Add Comment
1 Comment
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1. Stevie Dee said...
N Banks - No Finance