European stock indices closed lower at the end of Wednesday's trading, with the euro continuing to decline against the dollar. The European Stoxx 600 index ended trading down by 0.5 percent, affected by a decline in automobile stocks by 1.23 percent and travel and entertainment stocks by 1.76 percent. On the other hand, shares of technology companies rose by 0.36 percent, as the technology sector was the only one that remained in the green zone. In other European markets, the French CAC index fell by 0.69 percent, the British FTSE index fell by about 0.27 percent, while the German DAX index closed stable. This comes at a time when the single European currency index, the euro, fell by about 0.3 percent, with markets awaiting the release of data on the personal consumption expenditures index in the United States, which measures the inflation rate, next Friday. Source: Qatar News Agency
Related Posts
Gold prices rise after the Iranian attack
Bethlehem – Ma’an – Gold prices rose in trading today, Monday, and approached a record level after the Iranian attack on Israel, which led to an increase in demand for safe havens.
By 09:20 Moscow time, gold futures rose 0.3% to $2,374.5 per ounce, w…
Rise in oil prices
Washington – Ma’an – Oil prices rose in trading yesterday, Friday, in light of renewed market fears about crude supplies being affected by tensions in the Middle East, as contracts recorded an increase of about 2.5% last week.
US West Texas Intermedi…
Bitcoin rises 4% after Trump assassination attempt
Washington – Ma’an – The prices of the most prominent cryptocurrency, Bitcoin, rose by 4 percent in early trading on Sunday, after the announcement of an assassination attempt on the Republican candidate for the upcoming US presidential elections, Don…