Home / Market Update / European Stocks End Monday in Red

European Stocks End Monday in Red

European stocks closed Monday lower, starting the week with a negative performance, affected by the rising numbers of new Coronavirus vases across the continent.

The STOXX Europe 600 index finished lower by 0.7%, with the auto sector stocks leading the decline and falling by 1.7%, while the healthcare sector increased by 0.6%.

Meanwhile, the French index CAC40 and the German DAX declined by 0.78% and 0.80%, respectively.

In the United Kingdom (UK), the main index of the London Stock Exchange (LSE), FTSE100, plunged by 1.09%.

Check Also

Europe’s Defense Spending Dilemma: A Looming Forex Market Fingerprint

The tumultuous geopolitical landscape in Europe, dominated by the ongoing conflict in Ukraine and heightened …