Share report: markets edge lower as Barclays disappoints

European stocks fell slightly after a two-day drop, as investors eyed mixed earnings results from major European banks.

6th May, 2014
The Iseq index fell 0.1 per cent.

European stocks fell slightly after a two-day drop, as investors eyed mixed earnings results from major European banks.

Barclays fell 4.6 per cent after saying pretax profit dropped 5 per cent. UBS, Switzerland’s biggest bank, increased after posting first-quarter profit that exceeded analyst projections and saying it will give investors a special payout. PostNL rallied the most since November.

In Dublin, the Iseq index fell 0.1 per cent, while in London the FTSE was down...

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