European stock market French and German markets drop sharply by more than 6%

European stock market French and German markets drop sharply by more than 6% 19:56 on March 12

In response to the new coronavirus, the U.S. announces suspension of entry from Europe and the European stock market has fallen completely on the 12th, with prices in France and Germany dropping by more than 6%. It has become.

The major stock markets in Europe, which started trading on the 12th evening of Japan time, are worried about the impact on the economy as the U.S. announced measures to suspend entry from Europe excluding the UK Has become even stronger.

As a result, shortly after the commencement of trading, sell orders have expanded for almost all brands, mainly airlines, and the stock price has dropped significantly.

Compared to the previous day's closing price, the stock market index was around 6.6% in Germany's Frankfurt market, around 6.3% in Paris and around 5.7% in Milan, Italy compared to the previous day's closing price. , Each is falling.

The London market has also fallen by about 5.8%.

Market officials said, "The U.S. measures could seriously damage Europe's economy and the markets are in turmoil. The European Central Bank will announce monetary policy on Tuesday. The focus is on mitigation measures. "