European stocks close lower amid Middle East tensions; tech stocks down 1.75%
Friday, 14 June 2019 23:32 WIB | MARKET UPDATE |Indeks Stoxx Europe 600Saham Eropa

European stocks closed in the negative territory on Friday as tensions heightened between the U.S. and Iran, following attacks on two oil tankers in the Gulf of Oman on Thursday.

The pan-European Stoxx 600 came off its session lows and closed 0.40% lower to 378.81. Tech stocks underperformed with the sector down 1.75%, while the majority of other sectors were trading in the red. Utilities and energy, however posted minor gains.

On the last trading day of the week, worldwide focus remained on the Middle East, after Norwegian and Japanese-owned oil tankers suffered explosions near the Strait of Hormuz on Thursday.

Source: CNBC

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