Share Tweet Pocket Add to Bookmarks
You're reading: European shares snap 4-day rally
Popular
on social media

Banking stocks, many of which are heavily exposed to euro zone debt, fell 0.9 percent ahead of a German debt auction later in the session.

"It’s all down to the bond market and it’s all down to the sovereigns," said David Moss, a director and senior fund manager at F&C Asset Management’s European Equities team, which has around 2.7 billion euros under management.

"We’ve seen some encouraging comments and actions from (prime ministers Mario) Monti in Italy and (Mariano) Rajoy in Spain. If they carry on on the tone they started and the bond markets are happy, then we can carry on."

Exclusive article

Sign up or subscribe to view more articles.
See All Plans
$5.95
Monthly plan
Get unlimited article access, anytime, anywhere.

Subscribe
$60
Yearly plan
Access all the exclusive content on KyivPost.com and the complete online archive.
Subscribe
Advertisement

Add comment

Sorry, you must be logged in to post a comment.
More in this section
Attention

Add a picture
Choose file
Add a quote
Attention

Are you sure you want to delete your comment?

Attention

Are you sure you want to delete all user's comments?

Attention

Are you sure you want to unapprove user's comment?

Attention

Are you sure you want to move to spam user's comment?

Attention

Are you sure you want to move to trash user's comment?

Spelling error report

The following text will be sent to our editors: