December 18, 2009

Europe Roundup: Equities slide

Published: 2009/12/18

LONDON: European equities ended lower yesterday, snapping a five-day winning streak, with concerns over tough new Basel regulations and Citigroup's equity offering getting a cool response and hurting banking stocks.

The pan-European FTSEurofirst 300 index of top shares provisionally closed down 1.1 per cent at 1,019.66 points.

London's benchmark FTSE 100 index sank 1.93 per cent to close at 5,217.61 points, the CAC 40 in Paris dropped 1.16 per cent to 3,830.82 points and the Frankfurt DAX fell 1.00 per cent to 5,844.44 points. - Reuters, AFP

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Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;

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