European equities fall back as car stocks skid

viernes 15 de abril de 2016 09:39 GYT
 

(ADVISORY- Reuters plans to replace intra-day European and UK stock market reports with a Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets for site in development. See the bottom of the report for more details)

* FTSEurofirst index falls but set for weekly gain

* Faurecia leads automobile stocks lower

* Carrefour gains after sales update

* Greek shares also rise for first time this week

By Atul Prakash

LONDON, April 15 (Reuters) - European shares fell on Friday, with French car parts maker Faurecia leading automakers down, although a key regional index stayed on track for its best week since mid-February.

The STOXX Europe 600 Automobiles and Parts index fell 1.4 percent, the top sectoral decliner, as Faurecia shares fell nearly 5 percent after the company said that its quarterly sales in China were down 2 percent.

Barclays analysts said Faurecia's revenues were below the market consensus, due partly to lower sales of components used in catalytic converters for exhaust systems.   Continuación...