European Stocks Close Sharply Lower as Weak Data Fuels Slowdown Worries
Saturday, 23 March 2019 00:04 WIB | MARKET UPDATE |Saham EropaStoxx Europe 600

European stocks slipped Friday as worse-than-expected economic data intensified concerns around slowing global growth.

The pan-European Stoxx 600 dropped provisionally  1.29 percent to 375.78 , with all sectors and bourses turning negative. Equities were initially positive earlier in the session.

A slew of negative economic data weighed on investor sentiment on the final trading day of the week. IHS Markit's flash euro zone composite Purchasing Managers' Index (PMI) fell to 51.3 in March from 51.9 the previous month ” analysts were expecting a reading of 52.

Source : CNBC

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