European stocks lose more than 400 bln euros in value after China rout

lunes 24 de agosto de 2015 08:35 GYT

(Updates prices)

* FTSEurofirst down around 5 pct

* Euro STOXX Volatility Index hits new highs

* FTSEurofirst lost over 1 trln euros since start of month

* Europe bourses in 2015:

* Asset performance in 2015:

By Alistair Smout

LONDON, Aug 24 (Reuters) - European stocks slumped on Monday following a rout in Chinese markets, wiping hundreds of billions of euros off leading shares and sending one benchmark index to a seven-month low.

The pan-European FTSEurofirst 300 was down 5.1 percent to 1,354.98 points by the middle of the trading session, wiping off more than 400 billion euros ($460 billion) from the index's total market capitalisation.   Continuación...