Economic and geopolitical concerns have devalued the shares of Europe



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European stocks fell, many economic and geopolitical concerns, including political uncertainty in Italy and Argentina and the turmoil in Hong Kong, forced investors to resort to safe havens such as bonds and bonds. ;gold.

At 07:15 GMT, the European Stoxx 600 index was down 0.3%, closely followed by the indices of the banks of Milan and Madrid.

The markets, which were already worried that the United States and China will not put an end to their fierce trade war, have come under increased pressure because of the collapse of the Argentine currency, turmoil in Hong Kong and growing concern over the political situation in Italy.

The generally gloomy climate saw bond yields fall and banks hurt, with European banks leading the way.

Henkel shares fell 4% after the German consumer goods maker lowered its sales and profit forecasts for the full year. The German Halo Fresh Food Delivery jumped 12% on income / profit parity for the first time since trading began.

Defense sectors such as real estate and health care were part of a limited number of high sectors.

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