Financial Times FT.com

Financials hard hit by nerviness

By Jack Farchy

Published: July 8 2009 11:27 | Last updated: July 8 2009 20:20

Infineon was one of the only stocks to find momentum on Wednesday as the FTSE Eurofirst 300 fell to its lowest close in 10 weeks.

The German chipmaker rose 9.15 per cent to €2.69 on news that it would sell its wireline communications unit to US private equity firm Golden Gate Capital for €250m.

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