The Spanish aquaculture, fisheries and processing giant saw 2.83 percent knocked off the value of its shares as it closed the day at €30.18 ($39.92).
Falls in Tokyo, Hong Kong, Malaysia, India, Australia and London followed Tuesday’s fallout from New York, which was subdued by data from the U.S. sub-prime mortgage market.
The sub-prime lending figures prompted investors to sell off riskier assets amid fears the fallout may spread to better performing sectors of the economy.
With markets seemingly recovered from a slump at the end of last month, volatility is expected to continue, with many markets and stocks at their highest levels in more than half a decade.
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Seafood stocks stumble on falling global trend
Pescanova’s share price suffered the biggest percentage fall among European seafood companies as the sector followed the general global downward market trend on Wednesday.
15 March 2007 5:09 GMT
Updated
26 May 2016 3:39 GMT
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