European Stock Exchanges Closed with a Strong Decline
European stock markets have experienced a sharp decline as a result of concern over case increases in the new type of coronavirus (Covid-19) pandemic.
The emergence of new cases and concern for a second wave of outbreaks caused the stock markets to fall sharply.
At the close of the day, the indicator index Stoxx Europe 600 fell 2.78 percent and fell to 357.17 points.
In the UK, the FTSE 100 index decreased by 3.11 percent to 6.123.69 points, and in Germany the DAX 30 index decreased by 3.43 percent to 12.093.94 points. In France, the CAC 40 index fell by 2.92 percent to 4.872.36 points, and in Italy, the FTSE MIB 30 index fell by 3.42 percent and fell to 19.162.98 points.
Euro / dollar parity decreased by 0.30 percent as of 19.30 and traded at 1.127.
Stock market analysts stated that investors are watching the developments for the new type of Coronavirus (Covid-19) pandemic. Analysts stated that new developments regarding coronavirus (Covid-19) pandemics have been followed, and the increase in the number of cases has caused concerns about the second wave and caused reservations.