European stocks driven back by Greek worries and weak corporate figures

martes 27 de enero de 2015 13:37 GYT
 

* FTSEurofirst 300 falls 0.8 pct after eight-day rise

* Greek stock market underperforms for second day

* Greek banking index touches record low

* Ericsson and Philips fall after weak updates

* Swiss stock market rises on SNB intervention talk

By Sudip Kar-Gupta

LONDON, Jan 27 (Reuters) - Renewed concern over Greece and weak results at companies such as Siemens and Philips put an end to a winning run for European stock markets on Tuesday.

The pan-European FTSEurofirst 300 index, which had risen for the past eight sessions, closed down by 0.8 percent at 1,475.84 points.

The euro zone's blue-chip Euro STOXX 50 index also declined 1.2 percent after a similar eight-day winning streak. Those gains were ignited by the European Central Bank's plans to buy government bonds to spur growth in the struggling euro zone economy.   Continuación...