5.45pm Markets Update

Updated: Friday 27 November 2015 17.54

European share indexes retreated from a three-month high today, hit by a drop in shares of mining companies after a slump in Chinese equities. Anticipation of further stimulus by the European Central Bank next week helped to cushion the fall.

In London the FTSE fell 0.3% to close on 6,375, while all of the major eurozone markets also lost value.

The CAC in Paris lost 0.32% to 4,930, and in Frankfurt the DAX fell 0.16% to stand at 11,297.

In Dublin the ISEQ dropped 0.2% to 6,798. Donegal Invst and Malin Corp were among the best performing shares, while Aryzta and Applegreen both lost value.

In the US, Wall Street was little changed in light trading, with consumer stocks falling as investors worried about early reports on the US holiday shopping season and Disney weighed.

The Dow Jones is up 0.01% on 17,815, while the Nasdaq has gained 0.3% to stand at 5,131.

Earlier, Tokyo's Nikkei index lost 60 points (0.3%) to close at 19,884 while the Hang Seng index in Hong Kong slumped 461 points (1.8%) to finish at 22,068 as it tracked a plunge in Shanghai, with investors spooked by a Chinese probe of brokerages as well as data showing a dive in China's industrial profits.