Commodities weigh on European shares
The European mining index dropped 1 percent on Friday after prices of copper and other key metals fell.
|||London - European shares slipped for a third straight day to a two-week low on Friday, with weaker commodities prices putting further pressure on mining and energy stocks.
Read also: Wall Street retreats with oil price
The European mining index dropped 1 percent after prices of copper and other key metals fell.
Shares in BHP Billiton, Anglo American and Glencore fell 0.6 to 1.1 percent, dragging the pan-European FTSEurofirst 300 index down 0.6 percent to a two-week low.
The European STOXX 600 index was also down 0.6 percent.
The energy index fell 0.7 percent as oil prices also came under pressure following a stronger dollar.
Shares in Lufthansa fell 4.2 percent after news that its chief financial officer is to step down, a surprise move that came as the airline is trying to trim its cost base.
REUTERS