BR100 Decreased By (-0.25%)
BR30 Decreased By (-0.05%)
KSE100 Decreased By (-0.17%)
KSE30 Decreased By (-0.23%)
AGHA 7.75 Decreased By ▼ -0.06 (-0.77%)
BECO 5.17 Decreased By ▼ -0.04 (-0.77%)
BML 57.89 Increased By ▲ 0.39 (0.68%)
BOP 34.14 Increased By ▲ 0.11 (0.32%)
CNERGY 10.08 Increased By ▲ 0.12 (1.2%)
CSIL 5.35 Increased By ▲ 0.04 (0.75%)
FCCL 54.69 Decreased By ▼ -0.01 (-0.02%)
FFL 16.62 Decreased By ▼ -0.07 (-0.42%)
FNEL 1.25 Increased By ▲ 0.02 (1.63%)
KEL 7.33 Decreased By ▼ -0.07 (-0.95%)
KOSM 5.82 Increased By ▲ 0.05 (0.87%)
LOTCHEM 29.40 Increased By ▲ 0.08 (0.27%)
MLCF 93.99 Decreased By ▼ -0.37 (-0.39%)
NBP 202.00 Decreased By ▼ -1.05 (-0.52%)
NCPL 56.97 Decreased By ▼ -0.03 (-0.05%)
NPL 68.00 Increased By ▲ 0.30 (0.44%)
OGDC 316.44 Increased By ▲ 0.60 (0.19%)
PACE 10.62 Decreased By ▼ -0.02 (-0.19%)
PAEL 43.03 Decreased By ▼ -0.17 (-0.39%)
PIBTL 16.63 Decreased By ▼ -0.11 (-0.66%)
PPL 219.50 Decreased By ▼ -0.28 (-0.13%)
PRL 50.87 Increased By ▲ 1.68 (3.42%)
PTC 70.80 Increased By ▲ 0.27 (0.38%)
SSGC 27.79 Decreased By ▼ -0.46 (-1.63%)
TBL 9.75 Decreased By ▼ -0.11 (-1.12%)
TELE 8.73 Decreased By ▼ -0.06 (-0.68%)
TPL 18.30 Increased By ▲ 0.06 (0.33%)
TPLP 13.56 Increased By ▲ 0.29 (2.19%)
TREET 22.74 Increased By ▲ 0.02 (0.09%)
TRG 60.05 Decreased By ▼ -0.09 (-0.15%)
Markets

European shares hit 1-week low, Zodiac Aerospace slumps

Published Updated

imageLONDON: European shares fell to a one-week low on Tuesday, with some disappointing updates from companies such as Zodiac Aerospace and Kingfisher putting pressure on the market.

Shares in Zodiac Aerospace slumped nearly 10 percent after the aerospace supplier posting a 44.6 percent drop in core annual earnings in the wake of production delays at its troubled aircraft seats division.

Kingfisher fell about 3 percent after Europe's largest home improvement retailer missed forecasts with a 6.6 percent fall in third-quarter profit.

Altice dropped 5 percent as Next Alt, Patrick Drahi's personal holding, said it wanted to exercise a right to sell 7.5 percent of Altice's shares.

The pan-European FTSEurofirst 300 index was down 0.9 percent at 1,487.17 points by 0815 GMT after hitting a one-week low. It closed 0.3 percent lower in the previous session.

Copyright Reuters, 2015

Comments

Comments are closed for this article.