Greater London, England -- (SBWIRE) -- 04/15/2011 -- Spread betting provider City Index (http://www.cityindex.co.uk/) takes a look at the activity affecting the CFD trading on 5th April 2011.
Share prices of banks are leading the decline on European trading platforms this afternoon (April 5th).
Banks especially fell out of favour with investors following concerns about the debt crisis of the euro zone, Reuters stated.
It pointed to the Bank of Ireland and Banco Santander as two of the stocks leading the decline of the financials sector in Europe.
Meanwhile, despite celebrating a three-week high yesterday, the FTSEurofirst 300 had retracted before midday.
During the afternoon session, trading appeared to remain on negative ground for stock indices.
The German DAX had tumbled by 0.60 per cent as of 14:42 BST, while the French CAC-40 had retreated by 0.38 per cent 15 minutes later.
Banks on the FTSE 100 - which had fallen by 0.32 per cent as of 14:49 BST - that were trading lower included Barclays (1.27 per cent), HSBC (0.05 per cent), the Royal Bank of Scotland (0.93 per cent) and Lloyds (1.14 per cent).
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