European stock markets close Friday down

Spanish, French stock exchanges post largest decline by 1.31% and 1.08%, respectively

By Tuba Sahin

ANKARA (AA) – Major stock markets in Europe closed lower on Friday with US employment data disappointing markets.

STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 European countries, was down 0.56% to 471.93 points.

The US economy added 586,000 jobs in August, the fewest jobs in seven months amid concerns over Delta variant of the coronavirus.

London's FTSE 100 fell 0.36% to 7,138 points and Germany's DAX 30 slipped 0.37% to 15,781.

The French stock market, the CAC 40, decreased 1.08% to 6,690, while Italy's Borsa Italiana FTSE MIB 30 went down 0.64% to close at 26,064 and Spain's IBEX 35 was down 1.31% to 8,864.

On a weekly basis, STOXX Europe 600 decreased 0.09%, the FTSE 100 dropped 0.14%, the DAX 30 fell 0.45%, and the IBEX 35 was down 0.35%. While the CAC 40 rose 012%, FTSE MIB index was up 0.22%.

Retail trade volume slipped 2.3% in euro area, 1.9% in EU27 in July compared to previous month, Eurostat revealed Friday.

Kaynak:

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