Saudi Arabia offers a package of 28 vital development projects worth SR1.9 billion for Yemen    SFDA: 83% growth in clinical research for biotechnology products in 2025    NCM forecasts week-long rainfall across the Kingdom Rain forecast to affect multiple regions across Saudi Arabia through Jan. 20    Al-Falih: Mining sector investments projected at $5 trillion in 10 years    Ancient rock inscriptions dating back 5,000 years discovered in Soudah Peaks    Smart technologies enhance crowd management at Grand Mosque    KUDU launches its first international franchise in Kuwait A strategic milestone supporting regional and global expansion of a leading Saudi brand    AI and the new test of development in Saudi Arabia    Actor Kiefer Sutherland arrested for allegedly assaulting ride-hail driver    Venezuela's interim government frees 4 American prisoners    Saudi Arabia welcomes US designation of Muslim Brotherhood branches as terrorist organizations    Iran's military on high alert as Trump ramps up attack threats    SFDA slaps SR1.7 million fine on 10 pharmacies for violating RSD system    Saudi consumer awareness and regulatory collaboration bolster Philip Morris' efforts toward a smoke-free future: Akiki    Al Hilal strengthen Saudi Pro League lead with 3-1 comeback win over Al Nassr    'One Battle After Another' and 'Adolescence' dominate 83rd Golden Globes    KPop Demon Hunters wins Golden Globes for best animated feature, original song    Saudi Pro League: Momentum shifts as Al Hilal surge and Al Nassr stumble    Neves inspires Al Hilal to 10th straight league win with 3-0 victory over Al Hazem    British boxer Anthony Joshua discharged from hospital after Nigeria car crash    The key to happiness    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







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Eurostocks hit for second session
Published in Saudi Press Agency on 28 - 11 - 2004

European stocks fell for a second straight session on Monday, hit by a weak dollar and an uptick in oil prices, while Britain's BAE Systems slid 4 percent on the prospect of falling profit margins at one of its businesses.
Swiss bank Credit Suisse fell 1.4 percent ahead of an investor day on Tuesday, when analysts expect the company to announce a dramatic overhaul that could include hundreds of job cuts.
Stocks extended early declines on news of an attack on U.S. interests in Saudi Arabia and oil rose near to $43 a barrel from 3-month lows. Energy company BP put on a slim gain.
By 1200 GMT, the FTSEurofirst 300 index of top European stocks was down 0.46 percent, falling back from a near 2-1/2 year high of 1,041.93 points struck last week.
Financial markets took a beating on Friday after unexpectedly weak U.S. job growth figures for November knocked confidence in the world's biggest economy.
"The dollar is still getting a hit and unless we see some respite, stocks are unlikely to head up," said a dealer.
The DJ Euro Stoxx 50 index shed 0.2 percent to 2,906.1 points. Across Europe, the FTSE 100 index in London fell 0.53 percent, the German DAX was off 0.2 percent and the Paris CAC-40 shed 0.36 percent. --More 2331 Local Time 2031 GMT


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