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Posts from ‘July, 2002’

FT.com site: European bourses close at multi-year lows

By Philip Stafford, FT Investor, FT.com site Published: Jul 15, 2002 European markets tumbled to fresh five year lows by the close on Monday, with weakness in banks and oil stocks leading a decline which went deeper than the sharp falls also unfolding on Wall Street. The pan-European FTSE Eurotop 100 was 5.8 per cent […]

FT.com site: FTSE down as oil losses offset telecoms gains

By Vince Heaney, FT Investor, FT.com site Published: Jul 15, 2002 London’s stocks renewed their slide in afternoon trade on Monday. The banking sector joined oils and drugs in the red and a mid-session recovery in telecoms proved short-lived. Shell was under pressure on accounting concerns, while selected drug moved lower as investors worried about […]