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Nation

Global stocks muted as credit concerns remain

-
August 14, 2007 | 8:46pm

LONDON (AFP) - World stock markets experienced mixed fortunes on Tuesday as concerns lingered about a global credit squeeze sparked by the crisis in the US home loan sector.

Share indices closed higher in Tokyo and Hong Kong, while London's FTSE 100 extended gains in early trade.

But stocks fell in Frankfurt and Paris as the European Central Bank again ploughed billions of euros into money markets amid worries about a credit crunch.

Wall Street had ended marginally lower on Monday.

AFP

AMID

BANK

CREDIT

EUROPEAN CENTRAL BANK

FRANKFURT AND PARIS

LONDON

MARKETS

TOKYO AND HONG KONG

WALL STREET
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