6pm Markets Update

Updated: Wednesday 01 October 2014 18.27

European shares have finished lower weighed down by disappointing regional manufacturing data and concerns about European earnings after retailer Sainsbury and cable maker Nexans issued sales warnings.

In Dublin the ISEQ was 34 points (0.7%) lower at 4,840 by the close of business.

Shares in Origin Enterprise were 1.9% higher at €7.83, while shares in Kingspan rose by 1.7% to €12.82. Shares in Providence were 3.9% lower at €1.60, while shares in Ryanair fell 2.2% to €7.36.

In London the FTSE was 65 points (1%) lower at 6,557, while the CAC in Paris shed 51 points (1.1%) to close on 4,365. In Frankfurt the DAX was also down, losing 92 points (1%) to finish on 9,382.

Meanwhile in New York, the Dow Jones was 211 points (1.2%) lower at 16,832 by early afternoon, with the Nasdaq trading 60 points (1.3%) lower at 4,433.

Asian shares closed with losses in earlier trade as continued civil unrest in Hong Kong sapped confidence. Tokyo's Nikkei index closed 91 points (0.5%) lower at 16,082, while markets in Hong Kong are closed for a national holiday.