European stocks plunge at close on news of jab delays

Friday, 15. January 2021 17:31

Shares on the major European stock market indices closed Friday's session sharply down as fears, prompted by the news regarding the vaccine maker Pfizer Inc., mounted among traders.

Earlier today, Italy joined the list of countries that have tightened its coronavirus containment measures, while the German government unveiled that deliveries of the Pfizer/BioNTech coronavirus jab to Europe will be delayed by almost a month.

The DAX tumbled 1.44% or 200 points at the close, with Deutsche Bank AG 3.69% in the red, while the CAC 40 dropped 1.22% at the same time as Renault plunged 4.7%. Meanwhile, in London, the FTSE 100 decreased by 0.97% with DS Smith down by 5.46%. The euro declined 0.55% compared to the dollar, selling for 1.20978 at 5:33 pm CET, while the pound plummeted 0.71% versus the greenback, to go for 1.35954 a minute later.

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Breaking the News / BU