Tuesday, February 24, 2009

Frankfurt stocks hit four-year low


Frankfurt stocks hit four-year low
24-02-2009

Frankfurt's DAX stock index hit a four-year low on Monday, falling below 4,000 points for the first time since October 2004 as Europe's other leading markets fell on concerns for the financial sector. The DAX dropped 1.95 percent to close at 3,936.45 points after losses on Wall Street. London's FTSE 100 index fell 0.99 percent to close at 3,850.73 points. In Paris the CAC 40 fell 0.82 percent to 2,727.87 points.

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