AlQa'dah 24, 1434, Sep 30, 2013, SPA -- European shares sank in early trade on Monday, falling for the fifth time in seven sessions, Reuters reported. At 0708 GMT, the FTSEurofirst 300 index of top European shares was down 0.7 percent at 1,245.47 points. Italy's FTSE MIB dropped 2 percent. Euro zone banking stocks were among the most hit, with the sector index losing 2.6 percent. Banco Popolare was down 4.5 percent, Commerzbank down 2.5 percent and Societe Generale down 1.8 percent.