European shares hover near 2-month lows as energy stocks fall

viernes 11 de diciembre de 2015 05:28 GYT
 

* FTSEurofirst 300 down around 3 pct this week

* Weak oil prices put pressure on energy shares

* Bearish broker comments hit Dialog shares

By Sudip Kar-Gupta

LONDON, Dec 11 (Reuters) - European shares fell on Friday as weak commodity prices put pressure on markets before a widely expected rise in U.S. interest rates next week.

The pan-European FTSEurofirst 300 index fell 0.5 percent to hover near two-month lows, while the euro zone's blue-chip Euro STOXX 50 index also declined by a similar amount.

The FTSEurofirst is down by nearly 3 percent so far this week and also down 6 percent since the start of December, after the European Central Bank disappointed some investors with only limited new economic stimulus measures this month.

Weak commodity prices have also weighed on markets this month.

The STOXX Europe 600 Oil & Gas Index fell 1.1 percent, with crude oil prices remaining at levels not seen since early 2009 as output in the Middle East continued to rise despite an already huge global glut.   Continuación...