DJIA27154.20
LIVE-68.77(-0.25%)
NDX7834.90
LIVE-69.23(-0.88%)

European stocks fall as Italian stocks close down 2% in thin trading session


Monday, 28 May 2018 23:57 WIB

Stoxx 600Saham EropaStoxx Europe 600


c_740_198_16777215_00_images_assets_EUROPE_europeitalia.jpg

European stocks closed Monday lower, as investors monitored signs of thawing tensions between the U.S. and North Korea and reacted to renewed political turmoil in Italy.

The Stoxx Europe 600 Index closed 0.32 percent lower at 389.82.

Italian stocks fell 2.07 percent at close after initially opening the session higher. This after news of a dramatic setback for the country's populist parties.

Meanwhile, Germany's DAX and France's CAC were trading slightly lower at the close. Market holidays in the U.K. and U.S. made trading slow and illiquid on Monday.

The leader of Italy's largest political party called for the country's president to be impeached after choosing to veto a choice for economy minister. Luigi Di Maio of the anti-establishment Five Star Movement said President Sergio Mattarella had prompted an "institutional crisis" by rejecting euroskeptic candidate Paolo Savona.

Source: CNBC


RELATED NEWS

  • Hong Kong shares ended the week on a strong note Friday, jumping more than one percent on hopes for a sharp interest rate cut by the Federal Reserve later this month. The Hang Seng Index added 1.07 p...

POPULAR NEWS

DISCLAIMER

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.