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Home International Markets

European stocks close slightly weaker, European Stoxx 600 dips 0.2pc

byCustoms Today Report
05/08/2015
in International Markets
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ROME: European equities closed slightly lower on Tuesday as investors kept an eye on the newly reopened Greek stock market, earnings and oil prices, after the commodity saw a slight recovery.

The pan-European Stoxx 600 closed around 0.2 percent lower, after a wobbly trading session.

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Britain’s FTSE 100 failed to hold onto earlier gains, ending trade just shy of the flat line, while the German DAX finished around 0.1 percent higher. The French CAC saw an almost 0.2 percent decline.

In its second day of trading after re-opening, the Greek stock market finished down 1.2 percent, having fallen more than 16 percent on Monday.

Greek bank stocks continued to get hammered on Tuesday, with Bank of Piraeus, the National Bank of Greece and Alpha Bank closing around 30 percent lower for a second day running.

 

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