European stock indices began trading in minor

European stock indices began trading in minor

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European stock indexes fell during trading on Monday after the high-tech sector , rapidly responded to the downturn in the U.S. Friday . Reduced as Asian indices in the red zone are futures trading in the U.S. , reports Bloomberg.

The composite index of the largest European companies Stoxx Europe 600 to 11:38 MSK fell 0.8 % to 336.63 points. Prior to this indicator grew nine consecutive sessions , demonstrating the longest rally since October.
Index of leading eurozone companies Dow Jones Euro Stoxx 50 to 11:37 MSK dropped to 20.07 points ( 0.62 %) – to 3210.26 points. Britain’s FTSE 100 index fell 48.38 points ( 0.72 %) – to 6647.17 points. French CAC 40 index lost 41.06 points ( 0.92 %) to 4443.49 points. Germany’s DAX fell 139.26 points ( 1.44 %) to 9556.51 points.

Data from Germany, which exceeded expectations , did not add optimism to investors. Industrial output in Germany in February 2014 increased by 0.4 % compared with the previous month, while the consensus forecast of 0.3 %.
Industry indicator tech sector fell by 1.2 %, which on Monday is the worst result among the 19 sectors of the Stoxx Europe 600. Iliad shares fell 5,3%, Nokia – 2.4%.

Quotes securities Altice SA jumped 9.5 % and Bouygues SA – tumbled 6.1%. Media group Vivendi decided to sell the unit due SFR Altice of more than 17 billion euros.

Meanwhile, the market value of construction materials producers Holcim Ltd. and Lafarge SA increased by more than 4%. The companies announced the merger , which will result in the creation of the largest cement company in the world with an annual turnover in excess of $ 40 billion

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