European Stock Markets Closed The Day With A Decrease

European stock markets closed the day with a decrease. The focus of investors on the FED meeting had a negative impact on the stock markets.

At the end of the day, the benchmark index Stoxx Europe 600 fell to 439.85 points with a decrease of 0.08 percent. In England, the FTSE 100 index decreased by 0.26 percent to 6.944.97 points, in Germany the DAX 30 index decreased by 0.31 percent to 15.249.27 points, in France the CAC 40 index decreased by 0.03 percent to 6.273.76 points. In Italy, FTSE MIB 30 index fell 0.17 percent to 24,473.06 points. During the day, HSBC, Europe's largest bank, announced that its profit before tax in the first quarter of 2021 increased by 79 percent compared to the same period of the previous year, reaching $ 5.8 billion. Analysts' expectation was that the bank's profit would come to $ 3.33 billion in the first quarter of 2021. In a statement made by the British energy company BP, it was stated that the company's profit, which was $ 110 million in the last quarter of 2020, increased to $ 2.6 billion in the first quarter of 2021. Swiss bank UBS, on the other hand, announced that its net income increased by 14 percent in the first quarter of 2021, reaching a total of $ 1.8 billion. As a result of the monetary policy meeting of the FED (US Federal Reserve) on Wednesday, the bank is not expected to make any changes, while the markets will pay attention to the statements of FED Chairman Jerome Powell, especially on inflation.