European shares fall for the third week in a row - News Summed Up

European shares fall for the third week in a row


European shares fall for the third week in a rowReutersEuropean stocks fell on Friday, capping their third straight week in the red, as the basic resources sector was hit by declines in Anglo American PLC, but news that the UK was mulling easing travel restrictions boosted airlines and hotel groups. The European mining index was also hit by worries about slowing growth in China, falling nearly 8 percent for the week. London’s miner-heavy FTSE 100 index shed 0.9 percent, while German stocks fell 1 percent. Most regional indices were pressured this week on worries about slowing global growth and tighter regulation of Chinese firms. The index closed 2.7 percent higher for the week, leading gains across European sectors.


Source: Taipei Times September 18, 2021 15:56 UTC



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