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European open: Shares edge lower
Wed, 08 Feb, 2012
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European open: Shares edge lower
Fri, 27 Aug 2010, 08:41:00
Europe's main markets edged lower in early dealings on Friday ahead of US gross domestic product figures released this afternoon. Investors are nervous about what the figure will say about the health of the US economy. On this side of the pond, banks are a weak spot after ratings agency S&P suggested management at <b>Barclays, HSBC, Lloyds</b> and<b> RBS</b> played only a bit part in their recovery, with government stimulus programmes far more important. European rivals <b>Commerzbank, Deutsche Bank</b> and <b>Societe Generale</b> are also down. Across the markets, the Dax in Frankfurt dropped 20 points to 5,892, while the Cac in Paris is 15 points lower at 3,460. Spainish airline<b> Iberia</b> swung to a better than expected second-quarter net profit of €31m. <b>CAC 40 - Risers</b> Carrefour (CA) € 34.94 +1.03% Vinci (DG) € 34.39 +0.72% Vivendi (VIV) € 17.45 +0.49% Veolia Environnement (VIE) € 18.37 +0.46% France Telecom (FTE) € 16.19 +0.43% Suez Environnement Company (SEV) € 12.55 +0.40% EDF (EDF) € 31.70 +0.24% Michelin (ML) € 59.16 +0.22% Air Liquide (AI) € 81.63 +0.15% Technip (TEC) € 51.60 +0.08% <b>CAC 40 - Fallers</b> EADS (EAD) € 17.43 -2.87% Essilor International (EI) € 46.83 -2.83% ST Microelectronics (STM) € 5.44 -2.39% L'Oreal (OR) € 77.43 -1.60% AXA (CS) € 12.23 -1.57% Dexia (DEXB) € 3.30 -1.43% Renault (RNO) € 31.82 -1.33% Societe Generale (GLE) € 39.61 -1.27% Lagardere SCA (MMB) € 28.93 -1.20% Accor (AC) € 24.12 -1.17%
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