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European Stock Market Plunges in the Previous Week, Suffers Sharp Decline

European stock

In the Outgoing week, the European stock market displayed a mixed 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 14.28 points to close at 447.65.

The United Kingdom’s FTSE 100, one of the most widely followed indices in Europe, also showed a significant loss , losing 275 points or finishing the session at 7,256.

In Germany, the DAX 30 index, was the worst performer of the day, dropped 544 points to reach 15,603, while France’s CAC 40 also shed by 289 points to stop at 7,111 at the end of the trading day.

Italy’s FTSE MIB, which covers the top 40 stocks traded on the Milan Stock Exchange, diving 452 points to 27,778. However, Spain’s IBEX 35, lost by 354 points, to close at 9,251.

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