Bookies see Europe stocks extending Friday selloff
Written by Egypt News   
Monday, 02 November 2009
Financial bookmakers expected to see the leading European benchmark indexes falling on Monday, extending the previous session's sharp drop on mounting doubts over the pace of the global economic recovery.

Financial spreadbetters expected Britain's FTSE 100 .FTSE to open 15 to 18 points lower, or as much as 0.4 percent, Germany's DAX .GDAXI to open 7 to 9 points lower, or as much as 0.2 percent, and France's CAC-40 .FCHI to open 9 to 12 points lower, or as much as 0.3 percent.

The FTSEurofirst 300 .FTEU3 index of top European shares tumbled 2.1 percent on Friday, the index's biggest one-day slide in nearly four months, hit by weak U.S. macro data.

 

 

 

EGYPT NEWS

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