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European stocks open lower amid global political uncertainty


Tuesday, 13 August 2019 14:20 WIB

Saham EropaStoxx Europe 600


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European stocks opened lower on Tuesday as investors monitor political uncertainty in Italy, Hong Kong and Argentina.

The pan-European Stoxx 600 slipped 0.3% to 369.32 at the opening bell, banks leading losses with a 0.8% fall as the majority of sectors and major bourses traded in the red.

The full Italian senate is due to meet on Tuesday to set the date for a motion of no confidence in the government, after the far-right League party said last week that its governing coalition with the anti-establishment 5-Star Movement had become unworkable.

Asian stocks declined on Tuesday afternoon after Hong Kong protests escalated and shut down the city's airport, resulting in threats from Chinese propaganda outlets, which released a video showing military vehicles amassing near its border. Hong Kong’s Hang Seng index slid 1.86% by the afternoon to lead losses in the region.

Source : CNBC


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