Continental European stock markets slip, underperform UK's FTSE

viernes 7 de octubre de 2016 12:31 GYT
 

(ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets) Adds closing prices)

* STOXX 600 ends at one-week low

* UK's FTSE 100 rises as sterling loses more ground

* Edenred falls after UBS downgrade

* RWE slumps as Innogy unit debuts

By Sudip Kar-Gupta

LONDON, Oct 7 (Reuters) - Continental European stock markets fell on Friday, with vouchers company Edenred and airline easyJet among the worst performers, although a new slump in sterling propped up Britain's FTSE 100.

The pan-European STOXX 600 index ended down by 0.9 percent at a one-week low. The STOXX 600 has fallen by around 7 percent since the start of 2016.

"European stocks look utterly uninteresting to me at the moment. Corporate profits are weak and the economy remains weak as well," said Andreas Clenow, chief investment officer at Swiss-based ACIES Asset Management.   Continuación...