​​​
  1. European shares fall to 2-week low as commodity stocks drop

European shares fall to 2-week low as commodity stocks drop

The energy index fell 0.7 percent as oil prices also came under pressure following a stronger dollar.

By: | London | Published: June 10, 2016 1:45 PM
China stock market European FTSEurofirst 300 index down 0.6 percent to a two-week low,The European STOXX 600 index was also down 0.6 percent. (Reuters)

European shares slipped for a third straight day to a two-week low on Friday, with weaker commodities prices putting further pressure on mining and energy stocks.

The European mining index dropped 1 percent after prices of copper and other key metals fell.

Also read | Nikkei average futures and options seen settling at 16,639.11: Sources

Shares in BHP Billiton, Anglo American and Glencore fell 0.6 to 1.1 percent, dragging the pan-

European FTSEurofirst 300 index down 0.6 percent to a two-week low. The European STOXX 600 index was also down 0.6 percent.

The energy index fell 0.7 percent as oil prices also came under pressure following a stronger dollar.
Shares in Lufthansa fell 4.2 percent after news that its chief financial officer is to step down, a surprise move that came as the airline is trying to trim its cost base.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

  1. No Comments.

Go to Top