Thursday, October 1, 2015

London Stock Exchange closes in fall with telephony and technology – EXAME.com

stocks Europe fell on Thursday, with the phone roles pressing after the capital increase of Altice to cover an acquisition in USA .

Technology papers have also pressured because of concerns about Apple’s chip orders.

index of top shares European FTSEurofirst 300 was down 0.41 percent at 1,364 points, while the blue-chip index in the euro zone Euro Stoxx 50 fell 1.02 percent to 3,069 points.

European shares changed direction after Wall Street opening in fall, having earlier been supported by expectations that China can do more to boost its economy following another fall in industrial activity.

The concerns about the repercussions of an economic slowdown in China helped the FTSEurofirst 300 index to retreat nearly 10 percent in the last three months, its worst quarterly decline in four years.

“Emerging markets are far more important to the global economy than they were during (his) last crisis in 1997-98. It will be harder now to prevent the crisis has significant impact on Europe and the United States, “said the broker Equita.

Altice shares fell 9.3 percent after the telecommunications group launch an operation capital increase with debt and equity in a worse condition than expected to finance the purchase of Cablevision.

The technology sector marked the second highest with 1.4 percent. ASML and led Dialog pressure after information on DigiTimes technology website according to which the iPhone chip producers were concerned that Apple would reduce orders for the fourth quarter.

Topics : Actions , Stock markets , Bags , USA , Rich countries FTSE , Financial Market

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