European shares end with decreases despite earnings in GDP, employment


(MENAFN) European shares ended in the negative Wednesday in spite of earnings in the gross domestic product (GDP) as well as employment.

The STOXX Europe 600, which involves nearly 90 percent of the market capitalization of the European market in 17 nations, was decreased 2.72 points, or 0.62 percent, to 436.20.

The UK’s FTSE 100 fell 32 points, or 0.43 percent, to close the third exchanging day of the week standing at 7,489.

Germany’s DAX 30 dropped 82 points, or 0.57 percent, to close at 14,261. France’s CAC 40 was 27 points lower, or 0.41 percent, to finish at 6,660.

Italy’s FTSE MIB lost 24 points, or 0.1 percent, to 24,241, whereas Spain’s IBEX 35 lost 41 points, or 0.5 percent, to 8,290 at the ending bell.

GDP surged 0.3 percent in the euro area as well as 0.4 percent in the EU throughout the July-September, in comparison with the prior three months (Q2), as shown by forecasts declared by Eurostat previously.

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