FTSE 100 index tumbles after PMI data

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Source: Dukascopy Bank
British FTSE 100 index tumbled on Monday, weighed down by disappointing manufacturing data from China amid political worries over France and the Netherlands. Banking sector contributed significantly to the downside with Lloyds Banking Group tumbling 3.2% and Royal Bank of Scotland Group plunging 4.4%. Miners were also falling as Vedanta Resources lost 6% and Rio Tinto shed 5.2%. At the moment of writing FTSE 100 trades 2.29% or 131.87 points down at 5,640.37. 

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Mon, 23 Apr 2012 16:02:26 GMT

German DAX plunges on weaker global manufacturing activity

German DAX index fell sharply on Monday as political pressure in the Netherlands and France amid contracting manufacturing activity both in China and Euro Zone fuelled fears about deepening Euro Area crisis. All 30 shares posted losses within the German benchmark index. Among major decliners were Heidelbergcement and Commerzbank each dropping 6.5%. BMW AG sank 3.8% after its sales chief

Mon, 23 Apr 2012 15:40:25 GMT

Nikkei 225 index slightly down on Monday

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