European Markets Fall for 13th Consecutive Day

August 09, 2011 from Euronews

After a cautious start on Tuesday shares have again been tumbling on the European stock exchanges. By mid-morning London was down just over 5 per cent, Frankfurt over 6 per cent, Madrid down 3.4 and Paris just over 3 per cent. The sell-off revolved not just around European debt but also fears of a second recession in in the USA which in turn would hit Asian markets.

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Stock market

A stock market or equity market is a public entity for the trading of company stock and derivatives at an agreed price; these are securities listed on a stock exchange as well as those only traded privately. The size of the world stock market was estimated at about $36.6 trill... Explore this topic

Europe

Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally divided from Asia by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways conn... Explore this topic

European sovereign debt crisis

The European sovereign debt crisis is an ongoing financial crisis that has made it difficult or impossible for some countries in the euro area to repay or re-finance their government debt without the assistance of third parties. In 1992, members of the European Union signed th... Explore this topic

DAX

The DAX is a blue chip stock market index consisting of the 30 major German companies trading on the Frankfurt Stock Exchange. Prices are taken from the electronic Xetra trading system. According to Deutsche Börse, the operator of Xetra, DAX measures the performance of the Pri... Explore this topic

FTSE

The FTSE 100 Index, also called FTSE 100, FTSE, or, informally, the "footsie", is a share index of the 100 companies listed on the London Stock Exchange with the highest market capitalization. It is one of the most widely used stock indices and is seen as a gauge of business p... Explore this topic

Frankfurt Stock Exchange

The Frankfurt Stock Exchange (German: Frankfurter Wertpapierbörse, FWB) is the world's 12th largest stock exchange by market capitalization. Located in Frankfurt am Main, Germany, the Frankfurt Stock Exchange is owned and operated by Deutsche Börse (FWB: DB1), which also owns ... Explore this topic

London stock exchange

The London Stock Exchange is a stock exchange located in the City of London in the United Kingdom. As of December 2011, the Exchange had a market capitalisation of US$3.266 trillion, making it the fourth-largest stock exchange in the world by this measurement. The Exchange was... Explore this topic

Madrid Stock Exchange

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London

London is the capital city of England and the United Kingdom, and the largest city, urban zone and metropolitan area in the United Kingdom, and the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history g... Explore this topic

Euronext Paris

Euronext Paris is France's securities market, formerly known as the Paris Bourse, which merged with the Amsterdam, Lisbon and Brussels exchanges in September 2000 to form Euronext NV, which is the second largest exchange in Europe behind the UK's London Stock Exchange. It now ... Explore this topic

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Stock market

Europe

European sovereign debt crisis