7/6, 5:35 PM (Source: TeleTrader)
more TeleTrader news

Europe closes lower after disappointing data

Major stock market indexes in Europe closed lower on Thursday after the newest report showed a monthly decline in the United Kingdom's construction sector, and an annual one in Germany's factory orders and the Eurozone and the European Union's retail sales.

The DAX closed 2.63% or 418 points lower as Vonovia SE plummeted by 7.37%. The FTSE 100 dropped by 2.24% or 166 points, with Antofagasta PLC plunging by 5.58%. The CAC 40 fell by 3.29% or 240 points as Unibail-Rodamco-Westfield SE sank by 5.73%. The Eurostoxx 50 decreased by 3.02% or 131 points, with Vonovia SE as the worst performer on that index as well.

The euro stood flat against the dollar at 5:28 pm CET to sell for $1.08595. At the same time, the pound sterling lost 0.10% to the United States currency to go for $1.26925.

Baha Breaking News (BBN) / JR