European stock market today: On Thursday, the healths of the regional banks in Europe were questioned by investors again. The financial sector suffered heavy losses, dragging down muti-countries’ stock markets. The european stock index declined 0.89% day due to the slumps of the Italian and Spanish stock indexes on Thursday. The Pan-European Dow Jones index closed at 247.39 points, down 0.89%, among its components, the Pan-European Dow Jones Bank Index fell 3.24%, to close at 130.09 points.
See the French and German bank stocks, the SG(Societe Generale) and BNP Paribas (BNP) stock prices fell 5.41% and 5.38% respectively, and the Deutsche Bank (DBK) stock price fell 5.6%. Under the influence of the Bank share drop, the French CAC 40 index fell 1.53% to close at 3144.91 points, while the investors continued to weigh the the French Treasury auction results in the same day. After the Thursday’s Treasury auction of the French government, the ten-year benchmark bond yield appeared to rise, but that day’s subscription demand was still relatively high. As the bond auction results were considered by investors to judge the several euro zone countries’ market confidence and the financial ability, it was focused by the spotlights.
The German DAX 30 index lost 0.25%, to finish at 6095.99 points, and performed relatively better among today’s European stock market indexes. The U.K. FTSE 100 index fell 0.78% on Thursday, to close at 5624.26 points. The Italian FTSE MIB index fell 3.65%, to end at 14,767.22 points. The Spain’s IBEX 35 index shed 2.94%, to close at 8329.60 points.
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