European stocks slip as lockdowns cloud growth outlook

  • 📰 Reuters
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

European stocks inched lower in early trading on Thursday as investors grew wary about the economic outlook following a new round of coronavirus restrictions in the euro zone and regulatory concerns hit Chinese stocks.

The pan-European STOXX 600 index slipped 0.4% by 0812 GMT, with oil & gas, bank and retail stocks leading the decline.

Global sentiment took a hit after a selloff in Chinese technology shares on worries that they will be de-listed from U.S. bourses, while the number of coronavirus cases in Germany saw the biggest increase since Jan. 9. H&M dropped 1.9% after at least one Chinese online retailer appeared to drop its products following social media attacks on the Swedish company for saying it was “deeply concerned” about reports of forced labour in the farwestern region of Xinjiang in China.Cineworld fell 6.8% after it reported a $3 billion loss for 2020 and said it will ask shareholders to approve a raise in its debt ceiling.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him Blaketeddy56 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️

Hey you my name is Alfons Scholing im looking for a job as a creative. I have experience. And can draw! I live in Amsterdam. Please help! I’m desperate! No joke! Take a look at this thread!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines