European stocks tumble over worsening business indicators


ANKARA

European stock exchanges closed lower on Thursday amid worsening business activity indicators in major economies.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, was down by almost 3.34 points, or 0.82%, to close at 402.40.

The UK’s FTSE declined by 68 points, or 0.97%, to 7,020, after the country’s manufacturing purchasing managers’ index (PMI) for June slumped to the lowest level in…



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Written by Bourbiza Mohamed

A technology enthusiast and a passionate writer in the field of information technology, cyber security, and blockchain

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