London “Financial Times” 100 average stock price index fell 20 to close at 5384.68 points, down 65.81 points over the previous day, down 1.21%.
According to media reports, French President Nicolas Sarkozy met with German Chancellor Angela Merkel said after France and Germany in the heavily indebted countries of the eurozone bailout plan on the remaining differences, make the market a outcry, the day of the general decline in European stock markets.
direct financial stocks frustrated, banking sector sharply lower. Lloyds TSB’s closing price fell 4.53%, a decline in day one of the biggest blue chip. Barclays Bank fell 4.15%, Royal Bank of Scotland and Standard Chartered Bank tumbled 3.43%, respectively, and 2.77%.
debt crisis with global economic outlook dull, common stocks of resources sell-off. Kazakh Copper Group’s closing price fell 5.03%, ranked the forefront in the drop list. International mining giant Rio Tinto and BHP Billiton fell 3.92% and 3.02%.
addition, the British official data show that nine accidents in the UK retail industry rose 0.6%, significantly stimulated the retail stocks, apparel maker Nike Manchester B & Q parent company and household goods Kingfisher closing price rose 2.91% and 1.68%, or table in the front row.
the same day two other European stock markets also fell. France Paris CAC40 stock index closed at 3084.07 points, down 73.27 points over the previous day, down 2.32%. Germany Frankfurt, the DAX index closed at 5766.48 points, down 147.05 points the previous day, down 2.49%.
Tags: Europe, London, London stock market fell 20
It’s not a nice time for Europe actually, hope that the situation improves by early next year.