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- European stocks down
European stocks down
Most European stocks declined, driven by a small correction index Stoxx Europe 600 Index, which reached its highest level in nearly three years.
Cost Rolls Royce Holdings Plc fell 1.6% after reporting that he had bribed the executive power of Chinese Air China and China Eastern Airlines, to get the order of $ 2 billion. The stock price of Peugeot (UG) SA rose 6.3% after a broker stated that the company may start selling assets.
Stoxx 600 (SXXP) fell 0.1% to 287.43 (at 10:50 GMT).
The cost of Infineon Technologies AG (IFX) decreased by 3.2% to 6.36 euros, showing the biggest drop in a month, as Bank of America Corp downgraded the stock to 'sell' from 'neutral'.
The stock price of BNP Paribas SA (BNP) and Barclays Plc (BARC) rose by 2.1% (to 45.31 euros) and 3.4% (up to 286 pence), respectively. Deutsche Bank AG - Germany's largest lender, rose 3.2% to 35.91 euros, Societe Generale SA (GLE) - the second largest bank in France, added 2% to 29.91 euros.
Cost Wereldhave NV (WHA) rose by 3.4% to 50.65 euros after the company agreed to sell its U.S. real estate Lone Star Funds for $ 720 million.
To date:
FTSE 100 6,070.36 -19.48 -0.32%
CAC 40 3,706.65 -23.37 -0.63%
DAX 7,735.62 -40.75 -0.52%
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