European shares close lowest in 3 weeks with the decline in shares of periodic

By : mina sabry

On : 4:48:00 PM

In : business

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European shares continued to fall Thursday, the lowest close in three weeks, with several indicators

penetrated the levels of support in the charts with the continuation of dealers selling for a profit at the end of the quarter.

And periodical stocks led the decline, and the auto sector, financial services, followed by the losers of the leading retailers.

And reinforced the trend towards the disposal of shares report of the Organization of Economic Cooperation and Development (OECD) highlighted the fragile state of the global economic recovery, but also contributed to the decline Iqbal traders to sell for a profit.

By the end of Europe to deal in stock index of top 300 ‪ FTEU3 ‬ of the shares of major European companies 1.2% to 1059.21 points, down from the moving average in 50 days, which is a key support level.

In parts of Europe indices Financial Times 100 ‪ FTSE ‬ British 1.2%, German DAX GDAXI ‬ 1.7% and the CAC 40 ‪ FCHI ‬ French 1.4%.

The index fell 0.7% Aapeix Spanish Index was down me. S. Aye -20 Portuguese 1.4% and the FTSE index fell 3.9% Miep Italian.