Advertisement

Help
You are here: Rediff Home » India » Business » Slide Shows » Photos
Search:  Rediff.com The Web
A Kingfisher Airline flight awaits clearance to take off from the Mumbai airport.
  Email  |    Discuss  |   Get latest news on your desktop

Back Next

European shares down on earnings data

November 12, 2008

A stream of bad earnings and fresh concerns about the resilience of the Chinese economy weighed on European shares on Tuesday, sending shares down by over 5.0%.

Europe's 50 leading shares fell 5.4%, at 2,483.61 points, in Europe on Tuesday.

Britain's FTSE was down 3.6%, at 4,246.66 points, while Germany's DAX slipped 5.3% and the CAC-40 was down 4.8% in Paris.

Spain's IBEX fell 4.1% in Madrid, while leading shares in Italy fell 5.8%.

Banks and miners were the biggest decliners all around.

Image: A City worker exits the London Stock Exchange. | Photograph: Daniel Berehulak/Getty Images

Also read: A dark phase for jobs
Back Next

Live updates on money.rediff.com
© 2008 Rediff.com India Limited. All Rights Reserved.Disclaimer | Feedback