Europe's top share index extended losses in midday trade as weak euro zone economic data, did little to boost risk appetite among investors ahead of U.S. jobs numbers and elections in France and Greece over the weekend.
Corporate earnings continued to impress, however, with Royal Bank of Scotland, BNP Paribas and Lafarge proving companies can still lift profits despite the austere economic backdrop.
The FTSEurofirst fell 6.31 points, or 0.6 percent to 1,038.08 by 1035 GMT, having traded in a 40-point range since early April. It found support around the 1,029 level, the 50 percent retracement of the LTRO rally that began mid-December.
Al Rajhi Bank plans further growth in 2015
Al Rajhi Investment and Banking Corporation Malaysia Bhd (Al Rajhi Bank) plans to grow its business in 2015 aided with the capital injection of RM500 million from its parent company Al Rajhi Bank.