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EU shares close in red as automakers and retailers declined

January 31, 2014

The European stock market closed in red territories and accordingly saw its shares plunge significantly today as automakers and retailers declined, and the Turkish central bank's interest rate increases failed to support emerging-market currencies. CAC 40 Index The French index fell 28.31 points or 0.68% to finally close at 4156.98. The index started the session at 4220.54 and recorded throughout the day its highest level at 4220.54 and its lowest level at 4106.53. The worst performing shares in terms of subtracted value for the index were led by the Alstom SA share as it plummeted 2.94% to end at 21.15, following is the Airbus Group NV share as it shed 2.94% to settle at 53.56. DAX Index German equities retreated today as the benchmark index DAX 30 closed the session lower by 70.18 points or 0.75% at 9336.73. The index started the session at 9336.76 and recorded throughout the day its highest level at 9537.63 and its lowest level at 9221.30. The worst performing shares in terms of subtracted value for the index were led by the Siemens AG share as it plummeted 4.11% to end at 94.87, following is the Volkswagen AG share as it shed 1.97% to settle at 191.70. FTSE 100 Index The British benchmark index ended the day lower to settle at 6544.28 with a loss of 28.05 points or 0.43%. The index started the session at 6572.33 and recorded throughout the day its highest level at 6482.74 and its lowest level at 6645.23. The worst performing shares in terms of subtracted value for the index were led by the HSBC Holdings PLC share as it plummeted 1.18% to end at 626.30, following is the GlaxoSmithKiline PLC share as it shed 1.18% to settle at 626.30.


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Source: ICN.com Financial Markets


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