5/9, 5:31 PM (Source: TeleTrader)
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Europe closes lower after investor confidence report

Major stock market indexes in Europe closed lower on Monday after the newest report on the euro area's investor confidence showed the figure reached its most downward level since June 2020. In addition to that, the prices of precious metals and cryptocurrencies also declined in reaction to the instability caused by Russia's military intervention in Ukraine.

The DAX closed 2.15% or 293 points lower as Delivery Hero SE sank by 13.26%. The FTSE 100 went down by 2.19%, with Etain PLC plunging by 8.39%. The CAC 40 decreased by 2.62% as TotalEnergies SE slid by 5.06%.

The euro lost 0.11% to the dollar at 5:27 pm CET to sell for $1.05349. At the same time, the pound sterling declined by 0.23% against the greenback to change hands for $1.23127.

Baha Breaking News (BBN) / JR