European equities continue to fall, with only the tobacco index returning positive results for the y...
European equities continue to fall, with only the tobacco index returning positive results for the year to the end of September. The Bloomberg European 500 index is down 23.03% for the year to 28 September, while the tobacco index is up 18.33%, both in euro terms. At the individual stock level however, retailers Marks and Spencers seem to be faring well, with the top-performing stock over the year rising more than 60%. Charles Nicols, economist with Schroder SalomonSmithBarney, says that in the current climate, non-food retailers are likely to continue to outperform much of the...
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