Thursday August 13, 2020

European shares fall sharply as weak Chinese data hits markets

Irish shares were down 1.5% as European markets dropped on the first trading day of 2016

4th January, 2016
European shares fell sharply on the first trading day of 2016

European shares fell sharply on Monday, the first trading day of 2016, after a rout in Chinese equities rekindled concern that the nation’s economic slowdown will hamper the global recovery.

By 10:00 a.m., London's FTSE 100 was down 1.8 per cent while France's CAC 40 lost two per cent of its value and Germany's DAX shed three per cent. In Dublin, the ISEQ index of Irish shares lost 1.5 per cent.

The rout is coming after European shares...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Related Stories

In Kildare, many are grateful that the lockdown isn’t a return to square one, but there is anger that actions weren’t taken to prevent it in the first place

Barry J Whyte | 4 days ago

Conservation group calls for effective regulation as multinationals increase use of on-site gas plants to generate electricity

Killian Woods | 2 weeks ago

As the online debate on trans issues remains heated, those affected by them in the real world are calling for more support, space and understanding. But are their voices being heard?

Colin Murphy | 1 month ago