European stocks retreat while Asian shares reach record high
- Date: 31-Dec-2020
- Source: Gulf Today
- Sector:Financial Markets
- Country:Middle East
European stocks retreat while Asian shares reach record high
Picture used for illustrative purpose. File
Gulf Today Report
European stocks fell on Thursday as different countries impose restrictions and the United States increasing tariffs on some EU products.
The trading volume was less than usual due to most traders away for the coming New Year and major European bourses closed.
The pan-European STOXX 600 recorded a 3.8% drop in 2020 while the German DAX ended 2020 with a 3.5% gain on Wednesday, Italy's FTSE MIB was down 5.4% for the year.
In light trading, UK's FTSE 100 fell 1.5% and France's CAC 40 dropped 0.7%. Both markets will close early on Thursday.
READ MORE
Select Sector 
Select Country 
