Posts Tagged ‘BP PLC’
Shares and Markets - December 21, 2011 23:52
European Stock Markets Remain Under Pressure on Debt Worries
Stock markets in Europe fell on Wednesday in reaction to the escalating debt problems for the region. The European Central Bank disclosed that 523 of European banks applied for funding from central bank totally the amount to 489 billion euros equivalent to $641 billion. Analysts expected the funding request to accumulate up to 310 billion […]
Stock Markets in Europe End Lower mainly Driven by Banking and Resources Sector
European stock markets ended lower on Wednesday as no signs of further quantitative easing by US Federal Reserve were disclosed. In reaction to which banking and resources sector moved European stocks in negative zone. The Stoxx Europe 600 index declined 0.8 percent to 235.34 as compared to increase of 0.5 percent on Tuesday. Among the […]
FTSE 100 Index Declines on Disappointing Economic Outlook
UK’s FTSE 100 index fell on Wednesday’s trading session in reaction to Bank of England’s concerns over the UK’s economic outlook. In a recent statement BOE’s Governor, Mervyn King expressed his deep concerns over the country’s economic situation and commented, “U.K. growth over the next few quarters will be markedly weaker than in the August […]
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