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European Stock Markets Experience Significant Decline in Previous Week

European Stock Market

In the Outgoing week, the European stock market displayed a losing performance.

Here is the data on the weekly performance of the European Stock Market, The STOXX Europe 600 index, which is considered a leading benchmark for the European market and covers approximately 90 percent of the market capitalization across 17 countries, reported a loss of 13.66 points to close at 466.80.

The United Kingdom’s FTSE 100, one of the most widely followed indices in Europe, also showed a significant drop, losing 181 points or finishing the session at 7,461.

In Germany, the DAX 30 index shed 528 points to reach 15,829, while France’s CAC 40 also shed by 225 points to stop at 7,163 at the end of the trading day.

Italy’s FTSE MIB, which covers the top 40 stocks traded on the Milan Stock Exchange, was the best performer of the day, dropped 652 points to 27,209. However, Spain’s IBEX 35, hiked by 225 points, to close at 9,270.

Read More: European Stocks Displayed Varied Performance Over the Past Week

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