European shares scuppered by Nasdaq and Fortis
bad day for all major European stock exchanges. The collapse of the technology sector (dragged downward by the Nasdaq) and the banking sector (see the voice that Fortis today announced a profit warning) elicited a flood of sell. 2.09 has given Paris where they put in a bad light Societe Generale (-5.27%), as well as all the major players in the tech and telecoms companies: Orange has lost 5.11%, Alcatel on 4, 37% to 4.21% and France Telecom. E ‘went well, however, to Sanofi through an annual budget in line with market expectations. Before addressing the second time evening, the Dax losing 2.2%. Again, these were mainly victims of seat licenses Banking and Insurance: Deutsche Bank is yielding 5.7%, 3.44% and the Allianz Muenchener Rue 3.22%. On the positive side, however, Deutsche Telekom (+0.52%) after the entry under which Hutchison Whampoa will increase its investment in the German phone. In red marker also Footsie. In London was recorded in the collapse of Invensys (-11.47%): stock market traders have not digested the new plan developed by the company to reduce its debt.
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