European stock market drops sharply due to new virus infection March 7 at 6:34 pm
On the 6th, the European stock market has fallen sharply as the number of people infected with the new coronavirus has further increased in various parts of the world, and the London market has fallen for the first time in three years and eight months.
On the 6th, the European stock market has become more and more alarming as the number of infected people has suddenly increased not only in Italy, where the spread of infection is serious, but also in France and the UK, as the number of infected people has suddenly increased, and the overall price has fallen. have become.
The closing prices of the main market stock indexes fell about 4.1% in the Paris market compared to the previous day.
The London market has fallen by around 3.6% to its lowest level in nearly three years and eight months since June 2016, shortly after the referendum on leaving the EU.
In Italy, the Milan market has fallen by about 3.5% and in Germany the Frankfurt market has fallen by about 3.4%.
Both of these markets saw a record drop last week since the Lehman Shock, but this week both have fallen even further since last weekend.
Market officials say, "There is growing concern that the spread of the new coronavirus will be severe in Europe. Investors are aware of the risk of a recession in Europe."