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.