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European stock markets declined and closed the day

European stock markets closed the last day of the week with a decline. At the closing, the benchmark index Stoxx Europe 600 declined...

European stock markets declined and closed the day
Yazar: James Gordon

Yayınlanma: 6 Şubat 2022 01:44

Güncellenme: 24 Aralık 2024 20:56

At the closing, the benchmark index Stoxx Europe 600 declined by 1.38 percent to 462.15 points.

In the UK, the FTSE 100 index declined by 0.17 percent to 7,516.4 points, in Germany the DAX 30 index declined by 1.75 percent to 15,099.56 points, in France the CAC 40 index declined by 0.77 percent to 6,951.38 points and in Italy, the FTSE MIB 30 index declined by 1.79 percent to 26,603.59 points.

Euro/dollar parity increased by 0.14 percent as of 20.15 TSI and was traded at 1.145.

Investors in Europe focused on the interest rate decisions of the central banks and the increasing cases of the Covid-19 outbreak.

While the European Central Bank (ECB) did not change its interest rate decision at yesterday's monetary policy meeting, the Bank of England (BoE) increased the policy rate by 25 basis points to 0.50 percent.

Retail sales in the Eurozone declined by 3 percent in December compared to November but increased by 2 percent compared to the same period of the previous year.

Factory orders in Germany rose 2.8 percent in December, driven by domestic demand.

As Ursula von der Leyen, President of the EU Commission, announced, if Russia invades Ukraine, the Nord Stream 2 Natural Gas Pipeline will also be included in the EU's sanctions against Moscow.

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