LONDON, Nov 22 (Reuters) - European shares turned negative on Monday, led lower by banking stocks, as Ireland's bailout failed to quash fears of contagion to other euro zone economies.
At 1201 GMT, the FTSEurofirst 300 index of top European shares was down 0.2 percent at 1,100.54 points after rising to a high of 1,110.42 earlier in the session.
Spain's IBEX was down 1.1 percent, Italy's FTSE MIB index down 0.8 percent and Ireland's ISEQ down 1.2 percent.
Irish banks featured among the top losers, with the Bank of Ireland down 22 percent and Allied Irish Banks down 4.6 percent.
(Reporting by Atul Prakash) Keywords: MARKETS EUROPE STOCKS/NEGATIVE (atul.prakash@reuters.com; +44 20 7542 6189; Reuters Messaging: atul.prakash.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
At 1201 GMT, the FTSEurofirst 300 index of top European shares was down 0.2 percent at 1,100.54 points after rising to a high of 1,110.42 earlier in the session.
Spain's IBEX was down 1.1 percent, Italy's FTSE MIB index down 0.8 percent and Ireland's ISEQ down 1.2 percent.
Irish banks featured among the top losers, with the Bank of Ireland down 22 percent and Allied Irish Banks down 4.6 percent.
(Reporting by Atul Prakash) Keywords: MARKETS EUROPE STOCKS/NEGATIVE (atul.prakash@reuters.com; +44 20 7542 6189; Reuters Messaging: atul.prakash.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
© 2010 AFX News