European Stocks Hit Lowest Level in Week
Brussels, November 18 (QNA) - European stock indices retreated to their lowest level in a week at the start of Tuesday's trading.
The Stoxx 600 European index fell by 1.1 percent, to 565.47 points, its lowest level since Nov. 7. The main stock markets in Germany and France both dropped by more than 1.2 percent.
The DAX (Germany) declined by 1.16 percent to 23,312.40 points, the FTSE (UK) fell by about 0.8 percent to 9,588.31 points, and the CAC (France) was down 1.2 percent to 8,014.47 points.
European bank stocks were the biggest losers on the European index, dropping by more than 2 percent.
Shares of European AI-equipment manufacturers also declined: Siemens Energy fell by 3 percent, Schneider Electric by 2 percent, and ABB dropped by 4 percent. (QNA)
English
Français
Deutsch
Español