• Most Popular
  • Most Shared

Bookies see major European indexes down 1.3-1.9 pct

Fri Sep 26, 2008 12:54am EDT

LONDON, Sept 26 (Reuters) - European shares are set to open sharply lower on Friday, financial bookmakers said, after a U.S. $700 billion bailout package stalled and U.S. authorities closed Washington Mutual in the country's biggest ever bank failure.

Stocks  |  Global Markets

Financial bookmakers expected Britain's FTSE 100 .FTSE to open down 69 to 71 points, or as much as 1.4 percent, Germany's DAX .GDAXI to open 72 to 80 points lower, or as much as 1.3 percent, and France's CAC-40 .FCHI to be down 76 to 81 points in the open, or as much as 1.9 percent.

The pan-European FTSEurofirst 300 .FTEU3 index closed up 2.1 percent on Thursday. (Reporting by Dominic Lau; Editing by Louise Heavens)



More from Reuters

Joint Terminal Attack Controller SSgt Clinton J. Herbison, a U.S. Airman from the 817 Expeditionary Air Support Operations Squadron (EASOS) takes a break during a night mission near Honaker Miracle camp at the Pesh valley of Kunar Province August 12, 2009. Credit: REUTERS/Carlos Barria

Pictures of the Year

A look at the best photos of 2009.  Slideshow 

    The Dalai Lama jokes with a nasal spray after being asked his opinion on the swine flu during a press conference after his first lecture in Lausanne, Switzerland, August 4, 2009. REUTERS/ Valentin Flauraud

    What a wacky year it's been...

    Um, what's up the Dalai Lama's nose? "Oddly Enough" editor Bob Basler rounds up the goofiest photos of the year.  Full Article 

    A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
    Political Risk in 2010:

    Don't say we didn't warn you

    With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article