Europe Markets Finish Mixed
European stock markets closed mixed on Thursday. London's Financial Times-Stock Exchange 100 index was off 16.10 points, or 0.37%, to 4,357.50. Standard & Poor's European MarketScope reports that UK retailing stocks slumped, offsetting gains in the mining sector. Boots shed 10.7% as analysts downgrade the shares after this morning's trading update showed increased pension and investment costs. A profit warning at Sainsbury sent the shares plunging 8.6%. News of the sales of the company's U.S. unit Shaw's failed to counter investor frustration at continued negative newsflow.
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