Europe: Shares fall from 3-month high
[LONDON] A top European share index fell from a three-month high on Friday, hit by a drop in the mining sector after a slump in Chinese equities which was triggered by weak data and a regulatory crackdown.
The FTSEurofirst 300 was down 0.7 per cent at 1,505.51 points by 0806 GMT, dropping after posting its highest close since August on Thursday.
Mining stocks dropped 1.5 percent, the top sectoral faller. China, the world's biggest consumer of metals, saw stocks slide over 5 per cent after a fresh regulatory crackdown and deteriorating industrial profits data.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Singapore stocks end lower after US market wobbles ahead of CPI data; STI down 0.2%
LSEG reports in-line first quarter as Microsoft partnership progresses
Japan brokerage Daiwa’s Q4 profit more than doubles as markets recover
South Korea readies new system to detect illegal short-selling
Asia: Markets mixed as global rally stalls, eyes on yen
Singapore shares retreat at Thursday’s open; STI down 1.1%