Home News Greece takes Euro-zone stock markets down

Greece takes Euro-zone stock markets down


HB PARIS / LONDON. The Eurostoxx 50 lost 0.74 percent at 2 680.25 points. For the CAC 40 in Paris, it was at 0.52 per cent to 3 616.75 meters down. However the London FTSE 100 gained 0.57 percent to 5 161.48 points.

At a special summit of EU leaders had discussed the threat of state bankruptcy Athens. The eurozone countries are willing to help if necessary, to Athens in order to avoid national bankruptcy. The Greek government had not asked for financial assistance, said the permanent EU Council President Herman Van Rompuy. As a "nebulous" designated dealers in such statements. Specific details such relief might look, did not exist. These should be set at a regular meeting of finance ministers on Monday and Tuesday (15th and 16th February). A Frankfurt stockbrokers said: "Europe will probably help, but it is unclear when and on what terms. The stock market does not like this uncertainty."

Bank stocks included in the light of these uncertainties, the biggest losers. Sun fell Credit Agricole with a fall of 3.79 percent to 10.395 euros at the end of the 50th Eurostoxx Slipped in London Lloyds Banking group declined by 3.71 percent to 48.1 030 British pence. Lost In Zurich Julius Baer 2.72 percent at 31.88 Swiss francs.

Credit Suisse stated earlier declined by 0.72 percent to 45.78 euros. First, the book had in the course of trading after the release of financial figures yet recorded significant mark-up. The Swiss bank had cut off worse in the fourth quarter with some parameters than expected. Favorable comments of experts who had the attractive dividend yield, good margin development and made the outlook initially but still provide for buoyancy.

In the energy group Electricite de France (EdF) caused the surprisingly good profit development for bonuses of 0.74 percent to 38.635 euros. Were primarily responsible for the acquisitions in the past year. Cautious optimism for the coming months, helped boost the shares of the food manufacturer Danone in gains of 0.94 percent to 41.350 euros. The oil company Total was less serious with that crisis year than the competition, which rewarded the title by a premium of 1.53 percent to 41.545 euros.

British mine levels benefited from the positive earnings trend in Rio Tinto Which sent up the papers of the Australian-British mining company to 2.44 per cent to 3 216 pence. Thanks to a declining quarter loss, the tracks laid by the tour operator Thomas Cook To 0.60 percent at 233.50 pence.

On the other hand dropped at Air France-KLM Numbers as disappointing outlook from what could crash the stock at 11.20 per cent to 10,23 Euro. Shares of rivals like Lufthansa and British Airways suffered in the wake of this development are also losses that are not turned out quite as severe.