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You're reading: European shares fall on French auction worries
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The pan-European FTSEurofirst 300 index of top shares was down 0.4 percent at 1,017.62 points at 0915 GMT, after falling 0.6 percent in the previous session on concerns about capital raising in the bank sector.

Banking stocks were the main drag on Thursday, with the STOXX Europe 600 Banks index down 2 percent on worries about the need for more capital raising in the sector following UniCredit’s pricing of its rights issue on Wednesday.

French bank Societe Generale, which has large exposure to Italian debt, fell 4.6 percent, making it one of the worst performers.

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