European shares led down by Dialog and BHP; Athens outperforms

miércoles 4 de mayo de 2016 12:34 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) Adds closing prices)

* FTSEurofirst 300 drops 1.2 percent

* Dialog Semiconductor down after outlook cut

* BHP Billiton and other mining stocks also fall

* SocGen, Moller-Maersk gain after results

* Athens outperforms as Morgan Stanley turns bullish

By Sudip Kar-Gupta and Danilo Masoni

LONDON/MILAN, May 4 (Reuters) - European stocks fell on Wednesday, with Dialog Semiconductor slumping after it cut its revenue outlook and BHP Billiton hit by news of a lawsuit filed against it in Brazil.

The pan-European FTSEurofirst 300 index shed 1.2 percent to 1,302.72 points, its lowest closing level in nearly four weeks. It lost 1.7 percent on Tuesday.   Continuación...