European shares weighed down by financials; profit warning hits Essentra

jueves 9 de junio de 2016 05:08 GYT
 

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* Pan-European indexes down 1 percent

* Financials hit by low rates prospects

* Essentra plunges after profit warning

By Danilo Masoni

MILAN, June 9 (Reuters) - European shares fell for a second straight day on Thursday weighed down by continued weakness among financial sector stocks, while Essentra plunged after a profit warning.

The pan-European STOXX 600 and FTSEurofirst 300 indexes were both down around 1 percent by 0846 GMT.

Despite this, shares in DONG Energy jumped as much as 10 percent after the Danish utility and wind farm developer sealed the biggest European stock market flotation this year.

Some investors cited the recent strength of the euro as a negative factor for European equities as well as caution ahead of a UK vote later this month on whether to remain in the European Union.   Continuación...