Tuesday, February 9, 2016

Strong collapse of European exchanges to a new drop in oil prices – Radio HRN

Under pressure from banks and falling oil prices, European stock markets failed to stabilize rates last week and on Monday suffered a landslide that increases uncertainties about the global economy.

the London FTSE-100 index lost 2.71%, the Dax 30 in Frankfurt 3.30%, the CAC 40 in Paris 3.20%, the FTSE-Mib in Milan 4.69% and Ibex . -35 Madrid 4.44 percent

the square of Athens suffered the most precipitous drop of 7.87%, with large losses in the banking sector: Alpha Bank fell 17.65% , Piraeus Bank one 27.21%, the National Bank 29.06% and 29.20 Eurobank one percent.

other European banks also had serious setbacks. In Italy, the left BMPS 11.95% and 9.09% Popolareun Bank, while in France, BNP fell 5.47% and Societe Generale 6.12 percent.

Germany, for its part, Deutsche Bank lost 9.5% and Commerzbank 9.49 percent. And in the UK, Barclays retreated 5.34% and RBS 4.63 percent.

The trend was similar to that of Wall Street, where around midday the Dow Jones index fell 2 , 17% and the Nasdaq 2.77 percent.

sessions in Europe had begun with gains, but the trend changed after oil trading back down after a brief pause in his interminable fall, slogan AFP.

the values ​​are immediately found among the hardest hit, although the debacle then spread to many sectors.

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