European stocks slump, close at 1-year low

Monday, 26 March 2018 23:13 WIB

Indeks Stoxx Europe 600Saham EropaStoxx Europe 600


European stocks closed lower Monday, as analysts said a surging euro squashed an early rally that had been sparked by an easing in recent trade-related tensions.

The Stoxx Europe 600 index fell 0.7% to end at 363.19, closing at its lowest level since February 2017. The pan-European benchmark added to last week’s decline of 3.2%, its largest such retreat since the week ended March 2. It is now down 6.7% so far in 2018.

The euro traded at $1.2446, up from $1.2356 late Friday in New York. A stronger euro can whack the Stoxx 600 as many of its multinational companies generate their sales in foreign currencies.

In Frankfurt, the DAX 30 dropped 0.8% to close at 11,787.26, and in Paris, the CAC 40 index erased 0.6% to finish at 5,066.28. The FTSE 100 index gave up 0.5% to end at 6,888.69 in London.

Source: Marketwatch


  • Tokyo stocks opened lower on Wednesday following losses on Wall Street amid lingering trade war concerns and falls in Europe on the political crisis engulfing Italy. The benchmark Nikkei 225 index sl...
  • Hong Kong shares ended slightly lower on Tuesday after a four-day rally, with profit-taking offsetting fresh hopes for China-US trade talks. The Hang Seng Index slipped 0.23 per cent, or 60.30 points...
  • Stocks slipped on Tuesday as investors digested a sharp rebound from a strong sell-off last week. The Dow Jones Industrial Average traded 63 points lower, or 0.2%. The S&P 500 and Nasdaq Composit...



Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.