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European Markets Close Lower as Corona Virus Death Toll Rises


Thursday, 30 January 2020 23:47 WIB

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European markets tumbled on Thursday, weighed on by a rising coronavirus death toll and reacting to the U.S. Federal Reserve’s decision to keep interest rates on hold.

The pan-European Stoxx 600 dropped 1% by the afternoon at 414.98, with oil and gas stocks falling 2.5% to lead losses as most sectors and all major bourses slid into the red.

The coronavirus continues to be a focus for international markets; the outbreak has already taken more than 170 lives and infected more than 7,711 in China, according to the latest update by China’s National Health Commission.

Source : CNBC


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