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European Union

Tuesday, October 07, 2008 12:06 AM

(Source: Independent, The; London (UK)) tracking

Stock markets

European shares suffered their worst one-day percentage fall on record, sinking to four-year closing lows. The pan-European FTSEurofirst 300 index fell 7.8 per cent, beating a 6.3 per cent fall on 11 September 2001. Banks and commodity shares took most points off the index, with UBS falling 12.8 per cent.