Home / Market Update / Global Stock Market / European Shares Down on Lower Commodities And Virus Concerns

European Shares Down on Lower Commodities And Virus Concerns

European stocks retreated from a more than ten-month peak Monday (January 11th) as investors reaped profits after a strong week while increasing coronavirus cases on the continent and mainland China pushed energy and mining shares lower.

The European Stoxx600 index was down 0.1%. The German index lost 0.4% and the French CAC40 0.2%.

Stock exchange operator Euronext said it fixed a technical issue that affected trading in CAC40 index futures.

Germany has reported an increase in Covid-19 cases, while Europe is subject to the most stringent restrictions, while China has seen the largest daily increase in more than five months.

Check Also

Gold Prices Fall as Risk Appetite Grows Ahead of U.S.-China Trade Talks and Inflation Data

Gold prices saw a decline on Tuesday in Asian trade, pressured by improving risk appetite …