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European Stock Markets Witness Weekly Decline

European stock

In the Outgoing week, the European stocks market displayed a negative 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 8.67 points to close at 453.26.

The United Kingdom’s FTSE 100, one of the most widely followed indices in Europe, also showed a significant drop, losing 28 points or finishing the session at 7,683.

In Germany, the DAX 30 index, dropped by 336 points to reach 15,557, while France’s CAC 40 decreased by 194 points to stop at 7,184 at the end of the trading day.

Italy’s FTSE MIB, which covers the top 40 stocks traded on the Milan Stock Exchange, gained 342 points to 28,575. However, Spain’s IBEX 35, dived by 182 points, to close at 9,502.

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