Greek share slump weighs on European equities

martes 9 de diciembre de 2014 11:14 GYT
 

* FTSEurofirst 300 falls 1.2 pct, Greek shares sink 10.2 pct

* Tesco slumps after another profit warning

* Energy stocks track weaker crude oil prices (Recasts, adds quote)

By Alistair Smout

LONDON, Dec 9 (Reuters) - European shares fell to a two-week low on Tuesday, led down by a slump in Greek stocks after an unexpected decision to bring forward the country's presidential election in which the anti-bailout Syriza party is well placed to do well.

The FTSEurofirst 300 index of top European shares was down 2 percent at 1,367.45 points by 1435 GMT, hitting its lowest since late November and set for its biggest fall since mid October.

Greek stocks sank 11.3 percent, set for their biggest single-session fall since November 1987, the Athens Stock Exchange said.

The government said on Monday it would bring forward a presidential vote by two months in a political gamble that heightened uncertainty over the country's transition out of its bailout.

Greek banks fell sharply, with National Bank of Greece down 17.6 percent and Alpha Bank dropping 12.8 percent.   Continuación...