MADRID: European stock markets fell at the start on Thursday, Sept 30 pressured by a downgrade for Spanish sovereign debt by Moody's Investors Service to Aa1 from Aaa and news that the capital injection for nationalised Anglo Irish Bank could surpass $40 billion, while Allied Irish Banks announced capital raising plans.
Spanish stocks fell nearly 1% to 10,384.20, while the Stoxx Europe 600 index fell 0.4% to 259.85. The French CAC-40 fell 0.8% to 3,707.96 and Germany's DAX-30 fell 0.6% to 6,211.14.
The FTSE 100 fell 0.5% to 5,542.68. Banks and miners were leading decliners.
Shares of Allied Irish Bank fell 18% in early trading. - MarketWatch
Spanish stocks fell nearly 1% to 10,384.20, while the Stoxx Europe 600 index fell 0.4% to 259.85. The French CAC-40 fell 0.8% to 3,707.96 and Germany's DAX-30 fell 0.6% to 6,211.14.
The FTSE 100 fell 0.5% to 5,542.68. Banks and miners were leading decliners.
Shares of Allied Irish Bank fell 18% in early trading. - MarketWatch
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