European shares fall led by utilities, real estate; Tesco soars



* STOXX 600 closes down 0.6 pct
* ECB taper talk weighs on markets
* Utility and property stocks fall as bond yields rise
* But bank stocks edge up, lifting Milan and Madrid markets
By Danilo Masoni
MILAN, Oct 5 European shares fell on Wednesday on concerns that the European Central Bank might reduce the pace of bond-buying before its asset purchase programme ends, hitting utility and property stocks hardest.
The pan-European STOXX 600 index ended down 0.6 percent. The index is down by around 6 percent so far in 2016.
Bloomberg News reported late on Tuesday that the ECB will probably... read more

 
5 October 2016 in World News, Views: 35
Source: Reuters
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