European shares end near four-week lows as Brexit vote looms

viernes 10 de junio de 2016 12:41 GYT
 

(ADVISORY- Reuters plans to replace intra-day European and UK stock market reports with a Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets for site in development. See the bottom of the report for more details) Adds closing prices)

* FTSEurofirst 300 index falls 2.3 percent

* Lufthansa falls on news that CFO is to leave

* UniCredit drops as choice of new CEO seen taking time

By Atul Prakash and Danilo Masoni

LONDON/MILAN, June 10 (Reuters) - European shares fell to near a four-week low on Friday, with Lufthansa dropping after the surprise departure of its finance chief, while political worries put pressure on cyclical stocks on the last trading day of the week.

Investors are jittery before a June 23 referendum in Britain on whether it will remain a member of the European Union. Bookmakers' odds suggest those voting to remain in the EU will win, but polls suggest a neck-to-neck race.

"The upcoming UK referendum on the EU in less than two weeks, continuing slow growth within the EU ... seem to be taking a toll on European stocks," City of London Markets trader Markus Huber said.

"With the European football championship kicking off in France and the country being on high alert for possible terror attacks, traders in general might prefer temporarily to reduce or at least hold steady their exposure to Europe for now."   Continuación...