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European stocks in the red as political turmoil shakes up sentiment


Thursday, 27 September 2018 14:11 WIB

Stoxx 600Saham EropaStoxx Europe 600


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European stocks came under pressure at the start of Thursday's trading session, as investors monitored political news going on around the world.

The pan-European STOXX 600 opened down in the red, off 0.25 percent to 384.11, with almost all of the region's sectors dipping into negative territory. All major bourses and most peripheral markets posted slight losses.

Thursday's trading session in Europe will likely be influenced by the movements seen in markets overseas - which has been leaning towards the downside - and by recent policy decisions by the U.S. central bank.

The Federal Open Market Committee (FOMC) concluded its September policy meeting on Wednesday, announcing that it was hiking its benchmark interest rate by a quarter point; a move which was foreseen by many investors.

Source: CNBC


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