European Stocks Collapse Sharply in Early Trading

European shares recorded a strong collapse in early trading today, Friday, due to new concerns about the new Coronavirus, which swept the world yesterday, Thursday, after the high rate of infections strongly.

During Friday’s trading, the European Eurostoxx index fell by 2.4%. The German DAX 30 index also fell by 3.4%. While the French CAC 40 index was the most declining among European stocks, declining by 3.8% at the beginning of trading.

Also, the Spanish IBEX index fell by a strong rate of about 3.2%. While the British FTSE 100 index was the least declining among European shares, by only 2.2% at the beginning of European trading.

And news reports said today, Friday, that the World Health Organization called an emergency meeting today to discuss the developments of the new Coronavirus mutant.