European exchanges finish week with major losses

Italy's FTSE MIB performs worst, diving 2.55%; 3 exchanges lose more than 2.3% each

By Ovunc Kutlu

ISTANBUL (AA) - Stock exchanges in Europe closed Friday with major losses to finish the week on a lower note.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, fell almost 14 points, or 2.73%, to close at 497.85.

The UK's FTSE 100 shed 108 points, or 1.31%, to 8,174. Germany's DAX dove 421 points, or 2.33%, to 17,661.

France's CAC 40 slumped 118 points, or 1.61%, to end the session at 7,251.

Spain's IBEX 35, meanwhile, decreased 181 points, or 1.67%, to close at 10,672.

Italy's FTSE MIB was the worst performer of the day, plummeting 838 points, or 2.55%, to end the day at 32,018.

Kaynak:

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