European shares fall led by financials, disappointing results

jueves 28 de julio de 2016 12:43 GYT
 

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* STOXX 600 index ends down 0.9 pct, down 7 pct year-to-date

* Lloyds leads fallers in weak bank sector

* Shell, Dialog down as earning updates disappoints

* But Neste touches record high on earnings beat

By Sudip Kar-Gupta and Danilo Masoni

LONDON/MILAN, July 28 (Reuters) - European shares fell on Thursday with Lloyds leading a weaker financial sector lower and disappointing earning updates from firms including oil major Royal Dutch Shell also weighing.

The pan-European STOXX 600 index fell 0.9 percent, while the FTSEurofirst 300 index slid 1 percent.

Lloyds fell 5.8 percent after the British bank warned of a likely drop in demand caused by Britain's vote last month to quit the European Union, adding that it would accelerate cost-cutting.   Continuación...