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LONDON Dec 29 European shares opened slightly
lower on Thursday with all sectors in negative territory in
early deals as banking shares and miners fell.
The pan-European STOXX 600 index was down 0.3
percent. Volumes were subdued during the last few days of the
Banking stocks were among the top fallers, led lower
by Credit Suisse which was down 1.2 percent after a
media report saying that the U.S. Securities and Exchange
Commission is investigating the sale of $850 million in bonds
issued by Mozambique by Credit Suisse, Russia's VTB Group and
BNP Paribas, which retreated 0.9 percent.
Shares in Italian lender Monte dei Paschi were
closed once again, and Italy's Economy Minister said the actual
amount for the government's recapitalisation of the bank will
depend on the lender's new industrial plan, in an interview to
Italy's daily Il Sole 24 Ore.
While the broader European basic resources index
declined, precious metals miners Randgold Resources and
Fresnillo were the top gainers on the STOXX 600, up 2.1
percent and 2 percent respectively as the price of gold was
supported by a declining U.S. dollar.
(Editing by Raissa Kasolowsky)