Thursday, August 22, 2019

European indices are down investors

European indices are down, investors are worried about the referendum in Italy

European stocks continue to decline. Markets are worried about the Italian referendum and elections in Austria, which will be held on Sunday, and investors are taking profits after the OPEC decision. In light of this STOXX Europe 600 is reduced by 0.71% to 338.46 points. bank stocks are the main driving force behind the downturn. Paper Unione di Banche Italiane lose 4%. Mining stocks also down due to the decrease in commodity and oil prices, as well as how to disappear optimistic that emerged after the election of Donald Trump. FTSE 100 dropped by 0.79% to 6699 points under the pressure of shares of banks and miners. Meanwhile, shares in British developers ahead of the market. Berkeley Group Holdings reported strong results, which contributed 8% surge in its shares in the FTSE 250. The German DAX fell by 0.63% to 10467 points.





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