Share report: IMF statement dampens markets

Most European shares dropped after the International Monetary Fund said Europe’s banks may need to shrink assets. Dublin's ISEQ fell.

10th October, 2012
In Dublin, the ISEQ index fell 0.5 per cent

Most European shares dropped after the International Monetary Fund said Europe’s banks may need to shrink assets.

The ISEQ was down 0.5 per cent at 3.15 pm.The Euro Stoxx was down 0.4 per cent and the DAX dropped 0.3 per cent.

In the US shares also slid at their opening, with the Dow Jones down 0.3 per cent.

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