30 DEC,2020 - European markets close slightly lower after Brexit trade deal approved
European stocks closed slightly lower on Wednesday after U.K. lawmakers approved a Brexit trade deal and investors reacted to further positive Covid vaccine developments.
The pan-European Stoxx 600 index ended down 0.34%, with most sectors and major bourses in negative territory.
London’s FTSE 100 index was down 0.7% despite the coronavirus vaccine developed by the University of Oxford and AstraZeneca being authorized for emergency use in the U.K.
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31 Dec, 2020 - European shares post 3.8% loss for 2020 as coronavirus dominates; FTSE has worst year since 2008
European markets closed lower on Thursday, the final trading day of a year dominated by the coronavirus pandemic and extraordinary stimulus measures that have tried to mitigate the economic hit from the health crisis.
The pan-European Stoxx 600 index closed 0.14% lower on New Year’s Eve after a shorter trading session. London’s FTSE index closed 1.45% lower on the final day that the U.K. is a de-facto member of the EU’s single market and customs union before Brexit is definitively implemented.
Year-to-date, the Stoxx 600 index closed down 3.8%, however it was up nearly 11% for the quarter. Looking at individual indexes, the FTSE was down over 14% year-to-date, marking its worst year since 2008.
Meanwhile, the French CAC 40 was down 7%, German DAX up 3.5% and Italy’s FTSE MIB down 5.4%. The worst-performing market in the region has been Spain’s IBEX, down almost 15% this year.
Reference: CNBC
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