iShares MSCI Europe Fina... (NASDAQ:EUFN)
Gráfica de Acción Histórica
2 Años : De Oct 2017 a Oct 2019
By Adam Clark
European financial stocks fell on Friday due to the prospect of a clash between Italy's antiestablishment government and the European Union over budget deficit targets, pulling down the share price of exchange-traded fund iShares MSCI Europe Financials ETF (EUFN).
--EUFN, which invests in European banks and insurers, has Banco Santander SA (SAN.MC), BNP Paribas SA (BNP.FR), Lloyds Banking Group PLC (LLOY.LN), and ING Groep NV (INGA.AE) among its most heavily-weighted holdings, all of which were down by more than 3% on Friday afternoon.
--BNP Paribas was the steepest faller among EUFN's holdings, down 4.1% in afternoon trading in Paris to EUR52.24, from its closing price on Thursday of EUR54.47. The fund's largest holding, HSBC, was among its better performers, trading down 1.3% with less exposure to Europe.
--EUFN holdings Santander, BNP Paribas, ING, and Lloyds are all among the top 10 falling stocks of the week on the Stoxx Europe 50.
--According to issuer Blackrock, EUFN has $1.29 billion in assets, split among 80 holdings. The four falling banks form 14.8% of the fund's total holdings.
Write to Adam Clark at email@example.com; @AdamDowJones
(END) Dow Jones Newswires
September 28, 2018 11:01 ET (15:01 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.