“European actions dropped sharply on Monday, deepening the declines started last week after the last announcements of US President Donald Trump's President” – alerts CNBC.
Calculates that the general European Stoxx 600 index has fallen by 6 percent. Shortly after opening, and all sectors and main exchanges suffered significant losses. The German DAX index was over 9.5 percent lower during early transactions.
Last week, the Regional Stoxx 600 index recorded a loss of 8.4 percent, which means the worst week in five years. Over the past decade, Stoxx 600 has been worse only at the beginning of the Covid-19 pandemic in 2020.
Reuters notes that the shares of European companies from the defense sector, which were recently a hit, have also been sales. The index of companies from the aviation and defense sector, which so far this year enjoyed record dynamics, falls by 9 %, after a 8 % decline on Friday.
Just a glance to see that there is no stock exchange in Europe that would resist the sharp sale of shares. Indexes are drown in red. After the first few dozen minutes of trade, about 5 percent On the downside is the main index in London. The relatively smallest dimension of punishment can be talked about in the case of Moscow and Istanbul, where the indexes are about 3 percent. Under the line.
Closer to The 10th Warsaw WIG20 index lost less than 6 percent. The situation of German Dax, Italian FTSE MIB and Spanish Ibex looks slightly worse.
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