Banks and drugs lead Europe lower
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Financial stocks pulled European equity markets sharply lower on Tuesday after German lender Hypo Real Estate reported a net trading loss in 2007 after taking hits on US debt investments.
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European equities made a modest start on Wednesday thanks to a number of impressive results, but gains were capped by losses in the heavily weighted pharmaceuticals sector.
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Illegal drugs may be cheaper than ever  before in Europe, with prices of heroin slumping 45 percent and  cocaine down 22 percent over five years, according to the first  Europe-wide report of its kind on drug prices.
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Technology and mining groups led European shares lower on Wednesday, the former soured after U.S. chip group Texas Instruments trimmed its outlook, while the latter was scuppered by a drop in copper prices.
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Soci&eacute;t&eacute; G&eacute;n&eacute;rale led European stocks markets 2 per cent lower on Monday after a downgrade by Citigroup (NYSE:C), as last week's relief rally gave way to growing recession fears and deepening subprime jitters.
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European stocks traded slightly lower on Monday despite a lift from the banking sector after Barclays (NYSE:BCS) increased its offer for ABN Amro.
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European equities moved lower on Wednesday, reacting to sharp falls on Asian stocks markets after the Chinese government tripled the stamp duty payable on share trading.
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Signs of shaky economies in France and Germany have sharpened worries about Europe's less-than-robust recovery - and underscored the struggle to shake up regulation-clogged economies in countries that use the ...
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European equity markets fell on Thursday, giving back some of the previous session&#39;s  gains, amid renewed concerns about the fallout from the credit crisis on the banking sector.
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European equity markets retreated on Monday amid widespread weakness across the banking sector, prompted by concerns about the impact of the ongoing crisis in money markets.
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Signs of shaky economies in France and Germany have sharpened worries about Europe's less-than-robust recovery &#151; and underscored the struggle to shake up regulation-clogged economies in countries that use the euro.
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Europe's main equity markets slid on Wednesday after earlier losses in Japan, with the banking sector in focus following downbeat guidance from US investment titan Goldman Sachs, analysts said.
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Financial stocks led the slide in European markets on Thursday as investors shrugged off the action by global central banks as insufficient to stave off threats to growth.
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European equities were fractionally lower on Wednesday after a lacklustre US session, but losses were capped by a number of positive earnings reports and oil prices dropping back below $69 a barrel.
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A results-laden Europe lost its early gains on Thursday after Ben Bernanke, chairman of the US Federal Reserve, said he saw sluggish growth ahead and warned that banks would have to take further writedowns.
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European shares open lower, after Wednesday's dips in New York caused by more credit fears.
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European equity markets edged slightly lower shortly after the opening on Thursday after rallying in the previous session but a major deal in the pharmaceutical sector boosted sentiment and results from Pernod Ricard provided further early interest.