The stock indexes in Western Europe ended lower for third consecutive session. Investors fear that the strong statistical data from the US and the statements of the heads of the Federal Reserve System (Fed) increases the likelihood of an early growth in key interest rates, reports Bloomberg.
In addition, the focus of investors is on the negotiating Greece and representatives of the European Commission and the International Monetary Fund (IMF) to provide financial assistance to the country.
The composite index of the largest companies in the region - Stoxx Europe 600 fell by 0.7 %, getting to 403.61 points.
The British FTSE 100 fell on the session by 1.18 %, the French CAC 40 - 0.66 %, the German DAX - 1.61 %.
On Tuesday, a negative trend showed all industry sub-indices Stoxx 600, except for shares of tourist agencies. The index of commodity companies fell by 1.2 %, shares of Fresnillo (LONDON: FRES) Plc and South32 Ltd fell more than 3.5%.
The market value of Banca Monte dei Paschi di Siena SpA fell by 17%. On Monday, the third-largest Italian bank began to issue additional shares for EUR 3 billion.
The stock price of the airline Ryanair rose by 5.4 %. Ryanair increased its net profit last financial year by 66% and expects further revenue growth and profitability in the current financial year. EasyJet Shares rose 1.6%.
Capitalization of Vivendi (PARIS: VIV) SA increased by 1.4 % after the Bank of America said the shares of the French telecommunications group are in the list of the most profitable investments in Europe.
Quotes of the securities of the Spanish Banco de Sabadell SA and Banco Popular Espanol SA fell more than 1 %. British Barclays Plc (LONDON: BARC) and Royal Bank of Scotland Plc lost more than 1.9%.