STOCKS NEWS EUROPE-Adecco falls on cautious comments

Wed Jun 17, 2009 7:08am EDT
 
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Shares in Adecco (ADEN.VX) fall some 3.7 percent after the group's finance chief was quoted as saying global staffing market conditions were likely to remain tough in 2009 and 2010.

The cautious outlook as well as doubts about when a recovery would come and how strong it would be are weighing on the stock, traders say.

The DJ Stoxx industrial goods and services index .SXNP is down 2.3 percent, while rival Randstad (RAND.AS) is trading 3.6 percent lower.

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Reuters Messaging rm://katie.reid.com@reuters.net

 

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