Friday, June 22, 2012

EUROPEAN MARKET NEWS

GLOBAL MARKET NEWS - EUROPEAN MARKET


     European shares extended the previous session's losses on Friday as recent poor macroeconomic data and a Moody's downgrade of 15 of the world's biggest banks lowered investor appetite for riskier assets, sending cyclicals like banks and miners lower.

At 0703 GMT, the FTSEurofirst 300 index of top European shares was down 0.9 percent at 999.76 points after falling 0.5 percent in the previous session on poor economic data from the United States, China and Europe.

European Markets (Jun22):
FTSE5511.65  Chg: 54.71
CAC: 3081.10     Chg: 33.12
DAX6262.90    Chg: 80.23

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