European stocks fell on Friday as worries about troubled property developer China Evergrande and weak German business confidence data prompted investors to book some profit after a mid-week rally.

The CAC in Paris was down 63 points (0.95%) to 6,638, while the DAX in Frankfurt was down 112 points (0.72%) to 15,531, and London's FTSE dropped 26 points (0.38%) to 7,051.

Dublin's ISEQ index was down 44 points (0.5%) to close at 8,756. Shares in Ryanair were up 2.2% to 16.95, while shares in Permanent TSB were up 1.38% to 1.47 and shares in Origin Enterprises were up 1.31% to 3.09. Meanwhile, shares in Datalex dropped 8.67% to 68 cent, while Glanbia shares were down 1.54% to 14.68 and Smurfit Kappa shares dropped 1.53% to 46.93.

On Wall Street, US stock opened lower today following a strong two-day rally, as worries persisted about the spillover from debt-laden China Evergrande, while Nike tumbled after cutting its sales forecast. By 5.30pm Irish time, the Nasdaq Composite was down 44 points (0.3%) to 15,007, while the Dow Jones was down marginally to 34,764 and the S&P 500 was also down marginally to 4,447.