Europe settles with losses after N. Korea missile launch

Dienstag, 29. August 2017 17:36

European markets closed with losses on Tuesday following rising geopolitical tensions after latest North Korea's missile launch.

The DAX fell 1.46% with ProSiebenSat.1 plummeting over 14% as the German media company revised down its third-quarter revenue guidance.

The CAC 40 closed 0.94% down as Credit Agricole declined 2.47%. 

The FTSE 100 settled 0.87% in the red. The worst performer was ITV whose stocks saw a drop of around 5%.

The euro rose 0.41% against the dollar, buying 1.2028 at 5:51 pm CET. At the same time, sterling inched up 0.07% against the greenback, changing hands for 1.294.

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