Travel and banking stocks lead plunge in European markets

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Travel and banking stocks lead plunge in European markets via IrishTimesBiz

leading decline. Energy shares jumped 6.6 per cent as oil prices spiked to their highest levels since 2008.

Amigo Holdings soared 136.4 per cent after Britain’s financial regulator said the sub-prime lender could restart lending if it meets certain conditions and its new business rescue plan is approved by the London High Court. Spectris rose 4 per cent after the electrical engineering company terminated talks regarding a possible £1.79 billion buyout bid forCoppa Club operator Various Eateries saw shares improve after it slashed its losses for the past year as sales rebounded during a “volatile and challenging” period. The restaurant group, which also operates under the Tavolino brand, finished 4p higher at 61.5p.

The euro-zone bank index tumbled 4.1 per cent to a 13-month low ahead of the ECB meeting later this week. Shares in

 

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