You are here
Europe: Shares dip as new batch of Q3 earnings unveils disappointments
[LONDON] European shares edged down across most bourses and sectors on Thursday as a new batch of third-quarter results brought in some disappointments to investors, notably forecast misses from France's Publicis, Dutch-British Unilever and Germany's Kion.
By 0715 GMT, the pan-European STOXX 600 index was down 0.2 per cent, London's FTSE slid 0.3 per cent, Paris's CAC 40 retreated 0.1 per cent and Frankfurt's DAX was just slightly in the red with a 0.1 decrease.
Madrid's IBEX was flat as Prime Minister Mariano Rajoy is expected to impose direct rule in Catalonia unless the region's leader Carles Puigdemont retracts by 0800 GMT an ambiguous declaration of independence made last week.