Builders and building materials companies gave up some of their recent gains, with Cairn Homes down 2.6 per cent to 83 cent per share andshed 1.2 per cent to finish the session at €37.15 while insulation maker— down 51 per cent this year — gave up Wednesday’s gains, losing close to 1 per cent stand at €49.89 per share at the closing bell.The blue-chip FTSE 100 index lost a modest 0.
Retailer JD Sports shed more than 1 per cent after rising to the top of the index on Wednesday. Boosted in the first three sessions of the week by the Christmas shopping period, retailer Next and supermarket technology company Ocado gave up 1.3 and 3.3 per cent respectively. The pan-European Stoxx 600 index lost more than 1 per cent while the German Dax index was off by more than 1.3 per cent. The French Cac 40 also gave up almost 1 per cent.
Other energy stocks — including Uniper, which was nationalised by the German government this week — also felt the pinch.
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