Mining, Dell hit Europe mkts
European stock markets fell Friday as heavyweight mining issues dragged London trading lower and the high-tech sector got a shock profit warning from US computer giant Dell, dealers said.
Londons FTSE 100 index of leading shares sank 0.89% to 5 719.7 points, Frankfurts DAX 30 index shed 1.71% to 5 451.01 points and the Paris CAC 40 fell 0.96% to 4 818.55.
The DJ Euro Stoxx 50 index of leading eurozone shares lost 0.91% to 3 557.08 points.
More : fin24.co.za
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Follows Europe into the red
After bouncing almost four percent on Tuesday, the JSE resumed its journey south on Wednesday, moving in line with its European counterparts.
A weakening in commodities in the afternoon exacerbated the bourses weakness.
The all share index closed 1.86 percent lower. Resources retreated 2.36 percent, the gold mining index tumbled 3.21 percent and the platinum mining index plunged 3.73 percent. Industrials lost 1.81 percent, with the financial and banks indices falling 1.08 percent and 2.21 percent respectively.
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Europe's Stoxx 600 Nears 4-Year High; BHP, Tate & Lyle Advance
Nov. 25 (Bloomberg) -- European stocks gained, sending the Dow Jones Stoxx 600 Index near a four-year high. BHP Billiton and Anglo American Plc advanced amid rising gold and copper prices.
``Favorable commodities and metals prices are having a strong impact on mining companies,'' said Colin McLean, managing director of SVM Asset Management in Edinburgh with $1.9 billion, about 3 percent of which is in mining stocks. ``Metals prices will remain high so I think this is part of a much longer upwards cycle.''
Tate & Lyle Plc led gains
Europe investigates next-gen DVD makers
Investigators from the European Union have begun an inquiry in Hollywood into whether manufacturers of next-generation DVDs have acted to stifle competition.
The European Commission investigators are examining the struggle between companies to get studios to back one next-generation technology over the other, The New York Times reported Wednesday.
Sony, Panasonic, Samsung and Dell have thrown their support behind Blu-ray technology, while Toshiba, Microsoft, Intel and others have backed the rival HD DVD technology.
More : dvd.monstersandcritics.com
Europe Roundup: Stocks rise
LONDON: European stock markets recouped some recent heavy losses in morning trade yesterday, with London lifted by a rebound to heavyweight energy and mining share prices, dealers said.
Londons FTSE 100 index of leading shares jumped 1.04 per cent to 5,590.20 points, bouncing back from a five-month low point, Frankfurts DAX 30 climbed 1.03 per cent to 5,603.60 points and in Paris the CAC 40 index gained 1.35 percent to 4,878.69.
The DJ Euro Stoxx 50 index of leading euro zone shares increased 1.12 per cent to 3,579.42 points. - AFP
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Europe: Bourses fall on fears of profit slowdown
European stocks fell Tuesday after oil climbed to a record, stoking concern that a slowdown in earnings growth will worsen.
The high price of oil is weighing on European markets, said Alan Borrows, fund manager at Midas Capital Partners in Liverpool in Britain. Input costs are rising significantly and that will place pressure on companies profit margins.
The Dow Jones Stoxx 600 index slipped 0.32 points to 334.04, though energy companies and mining stocks limited its losses.
The Stoxx 50 fell 5.04 points to 3,513.62, and the Euro Stoxx
