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Europe Roundup: Banks, oils lead fall

Published: 2009/12/19
 
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LONDON: European shares closed lower yesterday, with banks falling as ongoing concerns about tough new Basel regulations weighed and oils down after crude prices retreated.

The FTSEurofirst 300 index of leading European shares provisionally closed 0.4 per cent lower at 1,014.03 points in a choppy session after being up as much as 1,028.34.

The London FTSE 100 index of leading shares shed 0.40 per cent to end the week at 5,196.81 points.

In Paris, the CAC 40 fell 0.95 per cent to 3,794.44 points while in Frankfurt the Dax dropped 0.23 per cent to 5,831.21 points. - AFP






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