European stocks, Asian shares fall – GulfToday
- Date: 15-Jan-2021
- Source: Gulf Today
- Sector:Financial Markets
- Country:Middle East
European stocks, Asian shares fall – GulfToday
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Gulf Today Report
European stocks ended the week with a fall on the prospects of tighter lockdowns in Germany and France and surge in cases in China.
The pan-European STOXX 600 index fell 0.5% set to end the week marginally lower.
German Chancellor Angela Merkel wants "very fast action" after the country saw a record number of deaths from the coronavirus, while French government said it will strengthen its border controls from Monday and impose an earlier curfew from Saturday to curb the spread.
The German DAX declined by 0.5%, France's CAC 40 fell 0.6% and the UK's FTSE 100 was down 0.6%.
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Asian shares
Asian shares slumped on Friday after a terrible US jobs report and a slide in several Big Tech stocks.
Japan's Nikkei