Europe ends mostly in red on COVID worries

Friday, 30. October 2020 17:32

European markets closed mostly in red on Friday as the anxiety over narrowing coronavirus restrictions across the continent keeps growing. However, on the data front, the Eurozone quarterly GDP growth hit 12.7% in the third quarter. It was also reported that the seasonally adjusted unemployment rate in the Eurozone stood at 8.3% in September, rising 0.2 percentage points.

Germany's DAX closed 0.36% lower at the end of the day as Merck KGAA went down by 4.04%. The FTSE 100 fell by 0.08%. Lloyds Banking Group Plc was down by 0.76%. The CAC 40 was 0.54% higher at the closing bell with Saint Gobain rising by 4.41%.

The euro lost 0.21% to sell for $1.16496 at 5:32 pm CET, while the pound inclined by 0.18% to go for $1.29512 at the same time.

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Breaking the News / TF