European stocks fall.
LONDON, Dhu-AlQa'dah 04, 1436, August 19, 2015, SPA -- European stock markets fell on Wednesday, extending a recent losing streak on the back of persistent worries over China, while brewer Carlsberg slumped after cutting its outlook, Reuters reported.
The pan-European FTSEurofirst 300 index, which had its worst five-day run in more than a month last week, fell 0.8 percent. The euro zone's blue-chip Euro STOXX 50 index also declined by 0.9 percent.
Carlsberg was the worst-performer on the FTSEurofirst, falling 7 percent after cutting its profit forecast.
The FTSEurofirst and Euro STOXX 50 both remain up by around 10 percent since the start of 2015, helped in part by economic stimulus measures from the European Central Bank (ECB).
However, they also both remain nearly 10 percent below their peaks for 2015 that were reached in April, given the worries about the global economy due to China and Greece.
11:57 LOCAL TIME 08:57 GMT
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|Publication:||Saudi Press Agency (SPA)|
|Date:||Aug 19, 2015|
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