|
European Shares Suffer Dollar Weakness |
| |
Author: Elena Todorova
123jump.com
Last Update: 1:05 PM EST November 30 2006
European stock markets finished in the negative territory Thursday, pressured by weak U.S. manufacturing data which added to the continuous weakness of the dollar.The weaker U.S. currency hurt exporter issues like automakers and technology stocks. Car maker Volkswagen slipped 3.8%, while electronics conglomerate Philips Electronics lost 0.9%. The French CAC 40 led decliners, falling 1%, followed by the German DAX 30, down 0.9%, and London FTSE 100, down 0.6%. |
|
|
|
|
| |
|
|
