business

Europe Stocks End Lower

Sagging banks lead Japan shares lower; Canadian stocks stumble

European markets ended lower. In London, the Financial Times-Stock Exchange 100 index fell 37.80 points, or 0.72%, to 5,190.70 higher as the Bank of England left interest rates unchanged. In France, the CAC 40 dropped 71.49 points, or 1.56%, to 4,515.12. In Germany, the DAX Index ended down 60.10 points, or 1.14%, to 5,228.11.

Canadian markets stumbled on weakness in industrials, which comprises 20% of the benchmark TSE 300 index. The index fell 53.38 points, to 0.69%, to 7,722.40.

In Asia, the markets ended with losses. Japan's Nikkei lost 125.55 points, or 1.18%, to 10,538.43 down on weak sentiment, led by banks. In Hong Kong, the market dropped 185.65 points, or 1.61%, to 11,256.07.

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