Stock trading in Europe on Wednesday, November 3, 2010., The leading index ended lower on news from the U.S.. The leading role played by the mood of investors, who feared that the U.S. Federal Reserve is not enough help the U.S. economy. The market expected the Fed will announce additional financial injections into the American economy.
By 9,5% cheaper stocks Cobham Plc., Manufacturer of telecommunications equipment. Investors are not happy about the message that the company expects lower earnings this year because of ongoing transfers of contracts with the U.S. and the general instability in the market.
The situation is similar around the quotations of Norwegian oil company Statoil ASA. They fell 5.4% after the company reported a decline forecast by production volume in 2010.
In the "minus" ended trading day and the second largest in the UK retail chain selling clothing Next Plc. The financial report of the company showed that the losses were even more calculations analysts. Against this backdrop, shares lost 2.2% in price.
Following the auction on November 3, 2010. Britain's FTSE 100 index fell 8.46 points (-0.15%) - to 5748.97 points, the German DAX fell 36.51 points (-0.55%) - up to 6617.8 points, the French CAC 40 dropped by 22.78 points (-0.59%) and closed at 3,842.94 points, the Swiss SMI "dipped" to 28.51 points (-0.44%), amounting to 6,512.99 points, the Amsterdam AEX fell by 2 , 97 points (-0.87%) - up 339.05 points. Pan-European index of "blue chips" FTSEurofirst 300 during trading fell by 0.43% to 1,088.92 points.
