European markets close lower after data

Friday, 18. June 2021 17:30

Major stock markets in Europe finished the last trading session of the week in the red with today's batch of economic data in focus. Meanwhile, the European Central Bank extended the leverage ratio relief for lenders until March next year. European Commissioner Thierry Breton warned that various industries in the bloc are "suffering" due to the semiconductor shortage.

The FTSE 100 dropped 1.90% at the closing bell with Melrose Industries plc losing 5.80%. The DAX lost 1.78% as Henkel AG & Co. KGaA tumbled 5.47%. The CAC 40 decreased 1.46%. BNP Paribas S.A. was the worst performer, declining 4.67%.

The euro was down 0.45% against the greenback at 5:29 pm CET, selling for 1.18544. The pound fell 0.87% at the same time to change hands for 1.38000 dollars.

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Breaking the News / MD