European shares under pressure as carmakers drop

viernes 22 de abril de 2016 04:43 GYT
 

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* FTSEurofirst 300 falls 0.5 percent

* Automobile shares among top decliners

* Peugeot down after raid by investigators

By Atul Prakash

LONDON, April 22 (Reuters) - European shares fell for a second day on Friday as automaker Daimler reported disappointing results and said it planned to investigate its emissions certifications. Poor sales also hit luxury group Kering.

The pan-European FTSEurofirst 300 index was down 0.5 percent by 0810 GMT, although it was still headed for a second straight week of gains.

The European auto sector index fell 2.6 percent fell the most, dragged down by a 5.6 percent drop in Daimler after it reported first-quarter operating profit fell 9 percent.

Daimler also said the U.S. Department of Justice asked it to investigate its emission certification in United States .   Continuación...