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European stocks dragged lower by tech, Brexit concerns


Saturday, 17 November 2018 00:11 WIB

Indeks Stoxx Europe 600Saham Eropa


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European markets struggled Friday, finishing in the red and with chunky weekly losses, as concerns about the U.K.’s Brexit deal again hit top banks, and chip makers were dented after Nvidia Corp. warned on weaker sales ahead.

The Stoxx Europe 600 closed 0.2% lower at 357.71, bringing the week’s losses to 2.2%.

The French CAC 40 ended down 0.2% at 5,025.20, with a weekly slip of 1.6%, while Germany’s DAX 30 wrapped up the day off 0.1% at 11,341. The U.K.’s FTSE 100 dipped 0.3% to finish at 7,013.88. It produced a weekly drop of 1.3%.

The euro rose to $1.1392 from $1.1332 on Thursday in New York, while the pound was last trading at $1.2848, up from $1.2774.

Marketwatch


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