European shares down
Tuesday, 14 July 2015
Shares in London and other European markets fell on worries over whether Greece's parliament would back the latest eurozone bailout deal. In lunchtime trade, the FTSE 100 was down 20.01 points at 6,717.94. France's Cac 40 fell 6.51 points to 4,991.59 while Germany's Dax was 51.75 points lower at 11,432.63. The pound rose 0.6% against the dollar to $1.5576, and was 0.4% higher against the euro at €1.4132. However, the prospect of higher interest rates hit shares in housebuilders. Taylor Wimpey fell 3.1% and Barratt Developments dropped 2.5%. Top gainer on the FTSE 100 was Sky, which rose 3.2%, according to BBC.