October 27, 2009

Europe Roundup: Stocks lose ground

Published: 2009/10/27

PARIS: European stocks lost ground in late trade yesterday, down 0.8 per cent, as heavyweight energy shares surrendered early gains following a drop in oil prices while the dollar rebounded.

At 1546 GMT, the FTSEurofirst 300 index of top European shares was down 0.8 per cent at 1,000.41 points.

Elsewhere, Britain's FTSE 100 closed down 1 per cent to 5,191.74, Germany's DAX fell 1.7 per cent to 5,642.16 and France's CAC 40 lost 1.7 per cent to 3,744.45. - Reuters