Europe closes mostly lower as tech pressures continue

Wednesday, 09. June 2021 17:31

Major European stock markets closed mostly lower on Wednesday as European Union continued antitrust investigations and announced emerging concerns over anti-competitive practices in the sector of voice assistant devices. Meanwhile, Bank of England's (BoE) economist Andy Haldane warned that the institution may start pulling supportive measures meant for the pandemic crisis since the UK economy is "going gangbusters".

The European Parliament voted for the Digital COVID Certificate to become eligible starting July 1 for 12 months. It will contain passengers' vaccination information, as well as recent test results, all aimed at reviving tourism within the EU.

The DAX was 0.38% in the red with Covestro falling 3.29%. The FTSE 100 dropped by 0.20% led by Persimmon plunging by 3.44%, while the CAC 40 rose by 0.19% as Unibail-Rodamco-Westfield jumped 5.69%. The euro advanced by 0.11% against the dollar trading for $1.21870 at 5:29 pm CET, at the same time the British pound decreased by 0.26% to sell for $1.41206.

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Breaking the News / LH