1/18, 5:30 PM (Source: TeleTrader)
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Europe closes lower with virus-marked economy in focus

Equities in Europe traded lower at the close on Tuesday after French Finance Minister Bruno Le Maire stressed the need for the Old Continent to stabilize its energy market. Later, European Economy Commissioner Paolo Gentiloni stated the factors that drive Europe's inflation higher will not decline as quickly as previously expected. Earlier, Germany saw a monthly decrease in the assessment of its current economic situation, while the United Kingdom observed a quarterly rise in its unemployment rate.

The DAX closed 0.92% or 146 points lower as Sartorius AG dropped by 3.04%. The FTSE 100 lost 0.54%, with Ashtead Group PLC plunging by 5.16%. The CAC 40 fell by 0.81% as Wordline SA sank by 3.63%.

The euro declined by 0.66% against the dollar at 5:28 pm CET to sell for $1.13314. At the same time, the pound sterling decreased by 0.46% against the greenback to go for $1.35815.

Baha Breaking News (BBN) / JR