TNBiz (TNBiz)
World markets  |  July 06, 2012 18:05:06

European stocks showed the largest one-day decline from 25 June


LONDON (MEDIAFAX) - Most European stock markets lost in Friday's session, which recorded the deepest one-day decline for the last almost two weeks. The main reason is, according to Reuters, ongoing concerns over the euro area economy and the U.S. have led investors to sell shares.

The pan-European FTSEurofirst 300 index of leading shares on Friday lost one percent level and has reached a value of 1033.99 points. It was the greatest day of his fall from 25 June.

Britain's FTSE 100 closed Friday's session decline by 0.53 percent to 5662.63 points. German DAX 1.92 percent and dirty got to 6410.11 points. The French CAC 40 index 1.88 percent wrote back and closed trading at 3,168.79 points. The Prague Stock Exchange on Friday traded due to public holiday.

Weaker than expected U.S. economic growth in June and Spanish bond yields increase back above the critical limit of seven per cent and led to a decline primarily bank titles. "Problems still not resolved," said Reuters chief Asset Management Emanuel Arbib.

Tomáš Králíček, kralicek@mediafax.cz

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