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EU shares closed the week in red territories

ecPulse
2013-05-24 16:55PM UTC

The EU shares plunged throughout the day to close the week accordingly in red; witnessing their first weekly decline in more than a month, as speculation that central banks will reduce stimulus measures overshadowed a bigger-than-forecast increase in U.S. durable-goods orders.

 

Intro

Indices performance came as follows:

 

CAC 40 Index

The French index fell 10.36 points or 0.26% to finally close at 3956.79. The index started the session at 3981.27 and recorded throughout the day its highest level at 3942.06 and its lowest level at 3997.13.

The worst performing shares in terms of subtracted value for the index were led by the BNP Paribas SA share as it plummeted 1.25% to end at €44.22, following is the  Essilor International SA share as it shed 2.42% to settle at €87.27, while coming in third is the Michelin share which slumped 3.28% to close at €66.06.

Best performing stocks within the index were the Total SA share which inclined 0.30% to settle at €39.40, in second place came the Air Liquide SA share which closed higher by 0.84% at €96.95 and in the third place came the Pernod-Ricard SA share which inclined 1.18% to settle at €95.11.

DAX Index

German equities retreated today as the benchmark index DAX 30 closed the session lower by 0.56 points or 3.23% at 8305.32. The index started the session at 8390.16 and recorded throughout the day its highest level at 8391.02 and its lowest level at 8262.64.

The worst performing shares in terms of subtracted value for the index were led by the 00 share as it plummeted 00% to end at €00, following is the 00 share as it shed 00% to settle at €00, while coming in third is the 00 share which slumped 00% to close at €00.

Best performing stocks within the index were the SAP AG share which inclined 3.23% to settle at €58.68, in second place came the Deutsche Bank AG share which closed higher by 2.75% at €34.95 and in the third place came the Commerzbank AG share which inclined 2.39% to settle at €7.67.

FTSE 100 Index

The British benchmark index ended the day lower to settle at 6654.34 with a loss of 42.45 points or 0.63%. The index started the session at 6696.79 and recorded throughout the day its highest level at 6720.08 and its lowest level at 6640.08.

The worst performing shares in terms of subtracted value for the index were led by the HSBC Holdings PLC share as it plummeted 2.13% to end at £726.00, following is the Royal Dutch Shell PLC share as it shed 1.00% to settle at £2216.50, while coming in third is the BG Group PLC share which slumped 1.85% to close at £1194.00.

Best performing stocks within the index were the Vodafone Group PLC share which inclined 0.52% to settle at £194.55, in second place came the GlaxoSmithKline PLC share which closed higher by 0.43% at £1749.50 and in the third place came the Imperial Tobacco Group PLC share which inclined 1.22% to settle at £2407.00.

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