European stock indexes fall after the weakening of the commercial interest for iuan food – News



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By Helen Reid and Julien Ponthus

LONDON (Reuters) – European stock markets fell on Thursday as the yuan weakened trade tensions and encouraged investors to sell risky badets and seek security

FTSEurofirst 300 index fell 0.76% to 1475 points, while the pan-European STOXX 600 index lost 0.82% to 377 points, technology stocks and automakers having

" Investors are taking advantage of yesterday's earnings, while trade tensions are still alive, "writes David Madden, an badyst at CMC Markets, adding that a sustainable recovery of stocks is unlikely without tangible progress in the markets. trade negotiations.

Technology stocks posted the worst performance, down 2.6%, pricing concerns

STMicro, Infineon and ASML chip makers were among the biggest losses, with respective declines of 5, 1, 4.2 and 2.9%.

The auto industry dropped by 2.4%, with a profit alert from the Osram lighting company that renewed its concern regarding car rates and their impact.

Osram dropped more than 20% after stating that sales affecting car manufacturers have created "considerable uncertainty".

In London, the Financial Times index lost 0.08% to 7,615 points.

In Frankfurt, the DAX index fell by 1.39

In MILAN, the Ftse / Mib index was depreciated by 0.58%, at a rate of 12.177 points

In PARIS, the CAC-40 index lost 0.97% to 5.275 points. 21,432 points

In MADRY, the Ibex-35 index recorded a low of 0.72 percent, in LISBON, the PSI20 index was depreciated from 0.67% to 5,554 points

Copyright Thomson Reuters 2018

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