European Stocks to Watch

Here some of Wednesday's big movers on European stock markets: Kingfisher, Carrefour, J. Sainsbury, HBOS, RBS, Deutsche Bank, SEB, Skanska and Holcim.

Kingfisher (up 2.20%) Kingfisher shares traded sharply higher, fuelled by talk of a possible private equity bid.

Carrefour (up 1.46%) and J. Sainsbury (up 2.06%) Retailers Carrefour and J. Sainsbury rose after an Indian television station reported on Wednesday that Reliance Industries is in talks to buy a stake in Carrefour and Sainsbury once again being the subject of recent takeover talk after CVC Capital approached the company.

HBOS (down 5.38%), Royal Bank of Scotland (down 4.54%), Deutsche Bank (down 5.45%) and SEB (down 4.30%) European bank and financial shares fell sharply for a second day on Wednesday as concerns mounted about the exposure of lenders to the troubled U.S. subprime mortgage market.

Skanska (down 4.51%) and Holcim (down 4.53%) The building industry also took a major hit with regards to the U.S. subprime lending crisis.

Contact U.S. News


    Get the best of CNBC in your inbox

    To learn more about how we use your information,
    please read our Privacy Policy.
    › Learn More

Don't Miss

U.S. Video