Growth jitters knock global stocks before central bank-packed week

Industry News

World shares fell while the dollar firmed on Monday as growth concerns tested investors’ mettle ahead of a week brimming with central bank meetings in countries including Norway, Sweden, Switzerland, Britain, the United States and Japan.

The pan European index slipped 0.5%, dragged down by health care, bank and chip stocks. Societe Generale, France’s third-biggest listed bank, saw its shares drop more than 6% and was set for its biggest one-day fall since March. The bank said it expected little if any growth in annual sales over the coming years in a keenly-awaited strategic plan from its new CEO.

Source: Devdiscourse

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