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European shares dip as VW and Vodafone lose ground

September 28, 2015

Via: itCurated
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European shares dipped lower on Monday, although Vodafone lagged after ending talks with Liberty Global and carmaker Volkswagen, which has been hit by an emissions data scandal, also declined.

The pan-European FTSEurofirst 300 index was down 0.1 percent, while the euro zone’s blue-chip Euro STOXX 50 index fell 0.3 percent, with both markets retreating after rising by around 3 percent on Friday.

However, Spain’s benchmark IBEX index outperformed to rise 0.4 percent.

Catalan separatists won an election on Sunday, setting the region on a collision course with Spain’s central government over independence.