Banks hurt by Brexit decision pull European shares lower

miércoles 6 de julio de 2016 12:54 GYT
 

(ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets)

* Pan-European STOXX 600 index ends down 1.7 pct

* Deutsche Bank and Credit Suisse touch record lows

* Property stocks fall, autos touch 3-year lows

By Sudip Kar-Gupta and Danilo Masoni

LONDON/MILAN, July 6 (Reuters) - European stocks fell on Wednesday, led lower by major banks and other financial stocks as worries persist about the impact of Britain's vote to leave the European Union.

The pan-European STOXX 600 and the similar FTSEurofirst 300 index fell 1.7 percent and 1.6 percent respectively, both striking a third day of losses in a row.

The STOXX Europe 600 banks index fell 2.6 percent to its lowest closing level since November 2011, with Caixabank down 1.6 percent after Spanish lender warned it expected a 1.25 billion euro hit related to mortgage clauses.

Shares in Deutsche Bank and Credit Suisse touched record lows, as investors fret over the likely impact of Britain's June 23 vote to leave the EU on the European economy and its banks.   Continuación...