LONDON, May 19 (BestGrowthStock) – European shares fell below the
1,000 level on Wednesday for the first time since the European
central banks announced a 750 billion euro rescue package to
help the euro zone sovereign debt crisis.
The market took a beating after Germany banned short-selling
of some bonds, stocks and credit protection, with banks and
commodity sectors the hardest hit.
By 0846 GMT, the pan-European FTSEurofirst 300 (.FTEU3: )
index of top shares was down 2.8 percent at 997.70 points.
Investment Tools
(Reporting by Joanne Frearson)
Europe shares fall below 1,000 level on German ban
