European stocks fell for a second day, with media shares leading declines, while U.S.-payrolls data fueled bets the Federal Reserve will raise rates.
The Stoxx Europe 600 Index dropped 0.9 per cent to 397.07 at the close. Shares extended losses in late trading, cutting their weekly gain to 0.2 per cent. Greece's ASE Index, which reopened on Monday after a five-week suspension, added 1.5 per cent, paring its weekly slide to 15 per cent. Coca-Cola HBC AG contributed the most to Greek gains on Friday, rising 7 per cent.
"Stocks seek growth," said Daniel Weston, chief investment officer of Aimed Capital in Munich, Germany. "With jobs numbers coming in as expected, and a rate rise likely to come, it is unsure at present what the drivers are to own stocks during this summer period."
Click Here For Free Signals OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance About KLSE online Feel Free To Mail Us at : info@epicresearch.my
The Stoxx Europe 600 Index dropped 0.9 per cent to 397.07 at the close. Shares extended losses in late trading, cutting their weekly gain to 0.2 per cent. Greece's ASE Index, which reopened on Monday after a five-week suspension, added 1.5 per cent, paring its weekly slide to 15 per cent. Coca-Cola HBC AG contributed the most to Greek gains on Friday, rising 7 per cent.
"Stocks seek growth," said Daniel Weston, chief investment officer of Aimed Capital in Munich, Germany. "With jobs numbers coming in as expected, and a rate rise likely to come, it is unsure at present what the drivers are to own stocks during this summer period."
Click Here For Free Signals OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance About KLSE online Feel Free To Mail Us at : info@epicresearch.my
No comments:
Post a Comment