On Friday morning trade European shares
opened lower led by financials. Investors were monitoring EU summit where
leaders did not manage to get support from all 27 EU nations for rewriting treaty,
though they found a consensus regarding additional rescue funds. Stoxx
Europe 600 index lost 0.6% at 236.38 while German DAX 30 index declined 1%
to 5,820.34. FTSE 100 index gave up 0.4% at 5,451.54 and French CAC 40 dropped
by 0.5% reaching 3,080.46.