European stock markets fell on Monday as a number of heavily-weighted sectors, including media stocks, banks, oil producers and carmakers all dropped, extending the losses felt late last week. Carmakers rallied strongly at the begining of last week on bid talk but quickly fell after Porsche made it clear it was not planning a full takeover of Folkswagen. By mid morning, London FTSE 100 lost 0.5%, 1.Frankfurt Xetra Dax fell 0.5%, and the CAC 40 in Paris shed 0.8%. |
More:
