European stocks dropped in an early trade on Monday, led by financial shares on concern the asset write-down will increase. The Swiss bank, UBS led the fall.
UK`s benchmark index, FTSE 100 fell 101 points, or 1.77%, to trade at 5,591.90. French benchmark index, CAC 40 dropped 64.45points, or 1.37%, to trade at 4,631.47. Germany`s benchmark index, DAX went down 122.89 points, or 1.87%, to trade at 6,437.01.
Monday, March 31, 2008
European stocks fall led by financial companies
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