European shares hit lowest close since July 29

Posted by 7Star Tuesday, August 18, 2009

European shares fell to their lowest close in more than two weeks on Monday, as investors took profits, worrying that a recent rally was not supported by economic data. The FTSEurofirst 300 index of top European shares fell 2 percent to 921.96 points, the lowest close since July 29. The index posted its biggest one-day percentage drop since July 2.

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