European indexes fell on Monday, desheveyut shares Daimler, VW, Lloyds

European indexes fell on Monday. Stock markets rose last four weeks, bringing the relevant quotations of shares of companies included in the calculation of index Dow Jones Stoxx 600, their profits increased by the end of last week to 40.1 - the highest level since September 2003, reports Bloomberg

According to a well-known investor, the heads of Templeton Asset Management Ltd. Mark Mobius, the world's stock markets, rising from the multi-minima, may go down by about 30% because of increased volumes of shares. This correction, according to M. Mobius, can happen at any time, possibly this year.

Value Daimler shares fell in trading Monday on 4.3%. Morgan Stanley analysts cut recommendations for the securities of German automakers to below market with at market, noting in particular the risks to growth forecasts for 2010.

Volkswagen Shares

cheaper by 5% after the deterioration of the recommendations for securities company experts, HSBC Holdings up to below market from neutral.

Podyndeks Stoxx 600, the calculation which includes shares of European automakers, dropped 2.8%, which was the highest fall among the 19 major industry groups indicator.

Lloyds

price of securities fell by 4.1% in the Times newspaper reported that British bank is preparing additional issue amount of 15 billion pounds ($ 25 billion) to reduce its dependence on the state.

Cost Bourbon SA shares jumped to 3.2%. The world's largest owner of vessels for deep water drilling in the second quarter of increased revenues to 9.7% - up to 243.5 million euros.

Friends Provident

papers went up by 7.4% after the company announced the start of negotiations with Resolution Ltd., improved proposal for the purchase of a British insurer to 1.86 billion pounds. In July, proposed Resolution for Friends Provident 1,7 billion pounds, but the application was rejected as too low.

According to the Confederation of British Industry, the companies of this country has become easier to attract financing. 18% of the 73 firms that participated in the survey conducted by the Confederation, said improved access to credit in the past three months.

Shares

Belgian financial services company KBC Group went up by 9% after the improvement experts ING Groep recommendations for its securities to buy from hold.

index of the largest enterprises in Europe, Dow Jones Euro Stoxx 50 to 19:43 AM EDT on Monday fell by 12.61 points (0.47%) - up to 2693.61 points.

British FTSE 100 dropped 9.36 points (0,2%) - up to 4722.2 points.

French CAC 40 index by this time had decreased by 16.6 points (0.47%), amounting to 3,504.54 points.

The German DAX lost 40.84 points (0.75%), amounting to 5,418.12 points.

14 of the 18 major stock indices of the countries of Western Europe falling on Monday.

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