European stocks close week in red

By Gokhan Ergocun

ISTANBUL (AA) - All European markets closed Friday with loses, amid inflationary concerns and the ongoing tension between Russia and Ukraine.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, dropped 8.91 points, or 1.84%, to 474.44.

The UK's FTSE 100 index ended at 7,494.13, down 90.88 points, or 1.2%.

Germany's DAX 30 was down 1.94%, or 308.45 points to 15,603.88.

France's CAC 40 decreased 1.75%, or 125.57 points, to 7,068.59 points.

Italy's FTSE MIB was down 508.6 points, or 1.84%, at 27,061.4 and Spain's IBEX 35 lost 119.9 points, or 1.36%, to 8,694.7.

Almost all markets in Asia closed the week with loses.

Turkiye's BIST 100 index closed at 2,011.16 points, down 0.15%.