European shares sink to lowest since April on concerns over Iraq

viernes 8 de agosto de 2014 11:03 GYT
 

* FTSEurofirst 300 down 0.8 pct

* Afren suspends output from Kurdistan, shares weaken

* Nokian Renkaat hit by plummeting sales in Russia

* Monte dei Paschi falls after results

By Tricia Wright

LONDON, Aug 8 (Reuters) - European shares fell on Friday, for the seventh time in eight sessions, on growing nervousness after U.S. warplanes struck Iraq for the first time since American troops pulled out in 2011.

At 1418 GMT, the FTSEurofirst 300 index of top European shares was down 0.8 percent at 1,303.38 points, its lowest level since mid-April.

"There (are) just no buyers out there, and indexes keep breaking support levels one after the other," FXCM analyst Vincent Ganne said.

"People have been caught off guard. The geopolitical risks have been treated as 'noise' by investors in the past few months, but now they suddenly realise that it's much more than just 'noise'."   Continuación...