Stock markets in Europe fall due to nervousness before the advance of Ómicron

The main stock exchanges of Europe they closed the first session of this week with heavy losses. The stock markets of the old continent fell due to the greater aversion for risk assets, which increases hand in hand with the fear of the new Omicron variant of the coronavirus.

The Frankfurt Stock Exchange, Germany, led the declines with the movement of -1.88% in the index DAX. The FTSE MIB Italian, on the Milan Stock Exchange, moved -1.63%, followed by the FTSE 100, from London, with -0.99%; the spanish index Ibex 35, from Madrid, with -0.83%, and the CAC 40, from Paris, with -0.82 percent.

The volatility index, the Euro Stoxx 50, made up of the 50 issuers with the highest value by capitalization and liquidated in the euro zone, ended with a loss of -1.30% with falls in 46 of its values. The worst performers were the roles of Munich Re, with -3,355, and Philips, with -3.19% percent.

“The strong increase in infections by Omicron in Europe, but above all the tightening of isolation measures in the Old Continent gives reasons for pessimism to the markets, with the Netherlands leading the restrictions”, explained in a report Ben Laider, strategist for the eToro global platform.

According to the European authorities, Ómicron could become the main variant of this pandemic in mid-January in the countries of the bloc. In the United Kingdom, 12 people infected by omicron died and 104 were hospitalized, according to Deputy Prime Minister Dominic Raab.

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Reference-www.eleconomista.com.mx

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