Advertisement
UK markets open in 1 hour 56 minutes
  • NIKKEI 225

    38,391.29
    +839.13 (+2.23%)
     
  • HANG SENG

    17,110.21
    +281.28 (+1.67%)
     
  • CRUDE OIL

    83.44
    +0.08 (+0.10%)
     
  • GOLD FUTURES

    2,339.60
    -2.50 (-0.11%)
     
  • DOW

    38,503.69
    +263.71 (+0.69%)
     
  • Bitcoin GBP

    53,831.19
    +551.34 (+1.03%)
     
  • CMC Crypto 200

    1,440.34
    +25.58 (+1.81%)
     
  • NASDAQ Composite

    15,696.64
    +245.33 (+1.59%)
     
  • UK FTSE All Share

    4,378.75
    +16.15 (+0.37%)
     

European stock markets slip as Deutsche Bank falls

LONDON, Oct (HKSE: 3366-OL.HK - news) 10 (Reuters) - European stock markets slipped lower on Monday as shares in Deutsche Bank (LSE: 0H7D.L - news) fell, weighing on the broader European banking sector.

The pan-European STOXX 600 index was down by 0.2 percent.

Deutsche Bank shares fell 2.6 percent, with traders expressing disappointment at a lack of concrete progress in the company's battle against a demand by U.S. authorities for up to $14 billion over mis-selling allegations. Deutsche Bank shares remain down by around 50 percent so far in 2016.

The pan-European STOXX Europe 600 bank index also fell 0.6 percent.

ADVERTISEMENT

However, shares in William Hill (Frankfurt: 633847 - news) climbed 5.5 percent after the British gambling company said it was in merger talks with Canadian online peer Amaya (Frankfurt: 0AY.F - news) .

(Reporting by Sudip Kar-Gupta, editing by Kit Rees)