Tuesday, June 5, 2012

Battered issue of China , European bourses down


LONDON . European stock market return of negative news from the battered global region . Investors worried , because the issue of China's economic slowdown becoming stuck . Moreover , speculation growing crisis in the Euro zone will deteriorate . Inevitably , the stock market was down a blue continent .

The Stoxx Europe 600 Index slipped 0.7 % to 233.53 positions at 08:15 London time . Meanwhile , some of the major exchanges , such as the DAX ( Germany ) fell 1.18 % . Then, the FTSE index also fell 1.14 % , and the Stoxx 50 index fell 0.52 % .

Jebloknya European stock markets also followed the ongoing correction in the stock markets of Asia and the U.S. futures exchanges today . The trigger is China's economic indicators are disappointing and European markets.

Yesterday , China 's statistics bureau reported , the index of non- manufacturing purchasing manager in April fell to 55.2 , from 56.1 the previous month . On the other hand , unemployment in the euro zone showed signs of a slowing economy . Spanish Prime Minister Mariano Rajoy insisted , European leaders must strengthen efforts to protect the banks in the euro area bank .

" Investor sentiment slumped , after the indicator failed to boost the growth of the market on Friday . Economic indicators in Asia , Europe , U.S. and global economic slowdown raised fears will be increasingly in the future , " said Stan Shamu , market analyst at IG Markets in Melbourne .(Kontan.co.id)

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