Mubasher: European shares fell at the close of trading on Thursday, as global markets struggle to recover from the recent volatility.
At the end of the session, the index declined STOXX600 By 0.64% to 396 points, while the . index fell by 0.64% to 396 points FTSE Britain rose by 0.78% at 6,997 points, and the . index fell DAX The German index fell by 0.37% to record 12,470 points CAC French by 0.82% at 5936 points, according to the Middle East News Agency.
The shares of the utilities sector led the losses of the European Stock Exchange after falling by 1.9%, while shares of technology and automobile companies rose by 1.3% and 1.1%, respectively..
For his part, Josep Borrell, the European Union’s foreign policy chief, said today that the European Union is considering imposing additional sanctions on Iran, as human rights groups confirm that thousands have been arrested and hundreds wounded in the clash of Iranian security forces..
For her part, Kristalina Georgieva, director of the International Monetary Fund, said that central banks should continue to raise rates despite the risks of excessive tightening..