European equities see declines after day of gains

Asia-Pacific equities markets were mixed on Tuesday, with most higher. In Australia, the Sydney Ordinaries were up 0.15 percent to 6,267.7. The Hang Seng index was 0.1 percent higher to 20,636.39 in Hong Kong, while the Sensex gained 0.34 percent to 14,130.95 in India and in Singapore the Straits Times index added 0.74 percent to 3,561.54. The exception in Asia was Tokyo, where the Nikkei 225 dropped 0.41 percent to 17,760.91 and the Topix index ended the session at 1,751.61, a decline of 0.54 percent.

European markets declined on Tuesday after having seen gains on Monday. The FTSE Eurofirst 300 was 0.44 percent lower to 1,575.42. In continental markets, the Xetra Dax was down 0.36 percent to 7,678.26 in Frankfurt, while the Paris CAC-40 dropped 0.71 percent to 5,898.16 and the IBEX fell 1.18 percent to 14,764.3 in Madrid. In London the FTSE 100 was down 0.72 percent to 6,520.4, while the FTSE 250 was 0.46 percent lower to 11,581.5.

At mid-session in New York the Dow Jones Industrial Average had dropped 0.43 percent to 13,367.66, while the Nasdaq Composite was 0.42 percent lower to 2,561.41 and the S&P 500 fell 0.42 percent as well to 1,502.83.

Crude oil prices were lower despite worries that demand could outstrip supply. Meanwhile, metals prices were also lower on the session.

Discuss this in the Finance Markets forums

Story link: European equities see declines after day of gains