- Title: European shares fall on Paris incident, North Korea worries
- Date: 9th August 2017
- Summary: FRANKFURT, GERMANY (AUGUST 9, 2017) (REUTERS) TRADING FLOOR AT FRANKFURT STOCK EXCHANGE BOARD SHOWING LOSSES OF GERMAN DAX INDEX BOARD SHOWING LOSS OF 130.93 POINTS, OR 1.07 PERCENT TRADER BANK SHARES ON BOARD TRADER BOARD SHOWING LOW OF 12,146.59 POINTS AT 10:10 (0810GMT) AND LATEST VALUE OF 12,158.67 POINTS AT 10:29 (0829GMT) TRADER VARIOUS OF DAX CURVE ON BOARD VARIOUS OF TRADERS MODEL BULL (SYMBOL OF FRANKFURT STOCK EXCHANGE) (SOUNDBITE) (German) CAPITAL MARKETS SPECIALIST AT ODDO SEYDLER BANK, OLIVER ROTH, SAYING: "At the moment we are in a range between 12,070 and 12,370 points, in a correctional phase with slight sideways movement. And there is even worse news, namely the conflict between the United States and North Korea, which is escalating at least verbally. And because we are not getting any positive news, only this crisis scenario, this is the most significantly issue currently putting a bit of pressure on the DAX." TRADER (SOUNDBITE) (German) CAPITAL MARKETS SPECIALIST AT ODDO SEYDLER BANK, OLIVER ROTH, SAYING: "Regarding the conflict between North Korea and the United States, I think we have to differentiate between what is going on at the moment, which is sabre-rattling and can be called nothing else at this point, and the long-term view of North Korea, namely that they might have the possibility of transporting nuclear warheads with rockets. That of course is a danger for the entire world and must not be permitted, so this issue will probably be occupying us for the coming years." TRADER DAX CURVE ON BOARD TRADING FLOOR
- Embargoed: 23rd August 2017 10:30
- Keywords: stocks European shares stock exchange North Korea Paris slide fall down
- Location: FRANKFURT, GERMANY
- City: FRANKFURT, GERMANY
- Country: Germany
- Topics: Economic Events
- Reuters ID: LVA0016TFQCGD
- Aspect Ratio: 16:9
- Story Text: European shares fell back on Wednesday (August 9), with all major benchmarks in the red after a car hit a group of soldiers in a Parisian suburb in what was said to be a deliberate act.
The falls followed U.S. and Asian market declines after North Korea said it was considering plans to attack the U.S. Pacific territory of Guam, just hours after President Donald Trump told the North that any threat to the U.S. would be met with "fire and fury".
Strong results from Scout24 and Novo Nordisk lifted those shares, but the pan-European STOXX 600 extended early losses to fall 0.7 percent. Euro zone stocks and blue-chips dropped 1 percent.
Germany's DAX was down 1.1 percent as bond yields fell.
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