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Royal Dutch Shell plc Message Board

  • sushibn sushibn Nov 5, 2012 6:00 AM Flag

    Europe stocks off on U.S. election, Greece jitters


    Europe stocks off on U.S. election, Greece jitters

    By Barbara Kollmeyer

    MADRID (MarketWatch) -- European stock markets opened lower on Monday, with markets fretting about a tight U.S. election race looming this week, while a Greek voe on structural reforms also weighing on sentiment. Analysts also noted some mixed China data. The Stoxx Europe 600 index XX:SXXP -0.60% fell 0.4% to 273.72, led by banks and resource stocks. Shares of PostNL NV NL:PNL -9.53% fell over 5% after the postal group posted an 81% drop in third-quarter operating profit. Weir Group PLC UK:WEIR +4.40% rose over 4% after the engineering group said it expects double-digit profit growth in 2012. The German DAX 30 index fell DX:DAX -0.60% 0.6% to 7,319.93, the French CAC 40 index FR:PX1 -0.92% lost 0.6% to 3,469.56 and the FTSE 100 index UK:UKX -0.55% fell 0.5% to 5,841.44. The Spain IBEX 35 index XX:IBEX -1.24% lost 1% to 7,885.80.

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