Thursday, February 11, 2016

The collapse of the banking drags top European shares – Yahoo Finance Spain

PARIS, 11 (EUROPA PRESS)

The general collapse in the value of European banks, which in the case of French Societe Generale has become as much as 13%, it caused sharp declines in European stock markets, which in the case of the square of Milan came to exceed 5%.

in particular, the selective FTSE MIB Stock Exchange Milan came to fall by 5.43% just passed the first hour of trading, but later recovered some lost ground and fell 4.80% to 15,911.93.

the values ​​of the selective Milan, took the brunt of the representatives of banks with Unicredit yielding 7.61%, while Banca Monte dei Paschi 6.60% and 3.51% Intesa SanPaolo was left.

in the case of the Paris Bourse, the CAC 40 reached selective dropped 3.80% to 3,904.70 points, with a collapse of Societe Generale, which presented results Thursday and reached dropping a 13.80% , but later reduced the decline to 12.40%.

in the case of Credit Agricole, shares fall reached 7.09%, while shares of BNP Paribas were left 6.60 %.

in turn, the Frankfurt Stock Exchange could not escape losses and selective left Dax 3.22% to 8726.68 points, shedding 7.34 Deutsche Bank %.

Meanwhile, the Athens Stock Exchange was down 3.57% and banks returned to stage a general collapse. Thus, Piraeus Bank shares lost 13.33% and the titles of Alpha Bank was down 10.34%, while National Bank of Greece fell 9.45% and Attica Bank was down 7.14%.

Outside the eurozone, the selective FTSE 100 of the London Stock Exchange was down 2.85% to 5509.27 points, with general declines among banks. Thus, Barclays was down 5.03% at 10.35, while RBS and Lloyds 4.03% 3.34% was left

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