The control room of Euronext, the company that manages the Paris Stock Exchange (AFP/Archives/ERIC PIERMONT)
European stock markets were taken by risk aversion and ended down sharply on Friday in the face of signs of economic recession in the euro zone and monetary tightening by central banks.
The Paris Bourse fell 2.28% to its lowest closing level in a year and a half, while Frankfurt lost 1.97%, falling to a level not seen since November 2020. London lost 1, 97% after government budget announcements that worry investors and Milan dropped 3.36% before legislative elections.
© 2022 AFP
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