investing in gold : European shares fell on Tuesday, with the projection of a Russian plane by the Turkish army has raised new global geopolitical concerns, and added disappointing corporate disappointing news that the gloom.
It rose 100 BIST in Istanbul index down 1.37% and the Turkish lira fell against the dollar in the wake of the projection plane, which said Turkey followed repeated warnings that the plane violated its airspace. Russia denies doing so, saying that the plane was flying over Syria.
In London, The Financial Times 100 index by 1.06% to 6,238.58. In Frankfurt, the DAX fell 1.19% to 10,960.12 confidence even after all three companies compiled by an influential research institute Ifo indicators, including measurement of the leading business confidence, and came in above expectations in November, and before the October readings. In Paris, the CAC 40 was down 1.68% at 4,806.77.
Shares in aviation and entertainment companies, including easyJet (ESYJY) and International Airlines Consolidated Group (ICAGY), Thomas Cook (TCKGF) and Tui (TUIFF) in London, and Air Franc- KLM (AFRAF) in Paris. EasyJet said it will suspend flights to and from Sharm el-Sheikh in Egypt until January.
Retail Kingfisher fell (KGFHY), which operates home improvement stores, and sharply immediately after the announcement of third quarter sales lagged expectations but trimmed losses in the course of the morning.
News and was a distributor John Menzies Aviation Services Company will be down close to 4% after it warned that the additional investment will lead to the erosion of full-year earnings in renovation in the first 10 months of the year.
Other companies to react negatively on trading updates include bank note printer and passport maker De La Rue, the international retail hardware and AO, the mortgage lender proverb group of companies, and retail pet at home.
The outsourcing Babcock International Group of Companies sources of well more than 4% after the services that they will reap the benefits expected from the British government review of defense spending, as it released first half results.
Bars rose Mitchell and Butler operator after it said it would pay dividends for the first time in seven years.
The Falkland oil and gas more than 4% at 10 pence after it agreed to an arrangement explorer Rockhopper takeover scheme. It said the two companies offer stock and cash values the target at 10.70 pence, or £ 57100000 in total.
In Madrid, and the utility Endesa (ELEZY) down close to 3% after analysts at UBS downgraded the stock to neutral from buy.
In Tokyo, the Nikkei closed up 0.23% at 19,924.89 and the Topix index rose 0.17% to 1,605.94.
Close sharp increase of 13.6%, rising for the third consecutive on the reports, which prepares banks to forgive loans for the day.
In Hong Kong, the Hang Seng Index closed down 0.35% at 22,587.63. Shanghai Composite Index rose 0.16% to 3,616.11.
