The Business Times

Europe: Stocks fall, Carlsberg slumps

Published Wed, Aug 19, 2015 · 07:25 AM

[LONDON] European stock markets fell on Wednesday, extending a recent losing streak on the back of persistent worries over China, while drinks group Carlsberg slumped after cutting its outlook.

The pan-European FTSEurofirst 300 index and the euro zone's blue-chip Euro STOXX 50 index both fell by 0.6 per cent.

Carlsberg was the worst-performer on the FTSEurofirst index, falling 7 per cent after the brewing company cut its profit forecast.

REUTERS

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