European equity close: Late selling adds to woes

Author: Adam Button | Category: News

Closing changes for the main European bourses

A wave of late selling dropped most markets to the lows of the day:

  • UK FTSE 100 -2.00%
  • German DAX -1.4%
  • French CAC -1.8%
  • Spain IBEX -1.7%
  • Italy MIB -1.7%

The global rout comes at a brutal time for Italian shares, which were trying to stabilize following weeks of pain. The MIB is at the lowest since March 2017. The index is also down 20% from the July highs, which is a technical bear market.


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