08.10.2008 15:10

European equity bourses remain in the red Wednesday


Markets off their worst levels though, with the FTSE-100 outperforming after the UK government announced a Stg50.0bln bank rescue package. FTSE-100 fell 7.8% at the open before recovering, with HBOS a top gainer on hopes that its acquisition by Llyods TSB is still on course. FTSE-100 is now down 202pts (-4.45%), CAC-40 is down 196pts (-5.18%) and Xetra-DAX is down 329pts (-6.00%).






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