Sunday, 30 June 2024

European markets close lower, FTSE recovers

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European stocks closed lower today, losing the positive momentum seen during the previous trading session.

The STOXX 600 index ended the session down by 0.18%, with major stock exchanges and sectors mixed. Technology stocks led losses, down 1.15%, while mining stocks added 0.65%.

The UK’s FTSE 100 index rose in afternoon trading, rising 0.2% and recovering from previous losses after the country’s inflation reading came in line with expectations.

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The French CAC index continued its losses, falling by about 0.77%, while the German DAX index fell by about 0.36%.

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