Tuesday, July 17, 2007

European shares extend losses, down nearly 0.6%

(Reuters) - European stocks extended losses on Tuesday, led by banks and oil shares, as worries over the U.S. subprime market returned to keep investors on edge.

At 0829 GMT, the FTSEurofirst 300 was down 0.6 percent at 1,620.63 points, with banks and oil shares accounting for nearly 40 percent of the fall.


Read more at Reuters Africa

No comments: