3/23/2021, 5:31 PM (Source: TeleTrader)
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Europe closes mostly lower with vaccination in focus

Major stock markets in Europe closed mostly lower on Tuesday as some countries, such as Germany, continued to enforce lockdown measures, while others, such as Greece, planned to open borders for incoming tourists. Earlier, British Health Secretary Matt Hancock admitted that the government had made mistakes in responding to the COVID-19 crisis. Meanwhile, a European Commission health official predicted that vaccinating at least 70% of EU adults by late summer is "achievable".

The DAX closed 0.03% higher led by Deutsche Wohnen gaining 2.96%. The FTSE 100 declined by 0.40% as Rolls-Royce declined by 5.90%, while the CAC 40 lost 0.39% with ArcelorMittal decreasing by 3.37%.

The euro plummetted 0.57% against the dollar at 5:32 pm CET to sell for $1.18632. The pound fell by 0.62%, trading for $1.37784 at the same time.

Baha Breaking News (BBN) / LH