European Equity Markets Main Market Drops March 12 at 6:31
Although the European stock market began on the 11th due to rising stock prices, there was a strong sense of warning that the spread of the new coronavirus was widespread.
Stock prices rose in the European stock market on Tuesday after favorable sentiment that the Bank of England announced that it would cut its policy rate by 0.5% shortly before trading began.
However, concerns about the economic impact of the spread of the new coronavirus persisted, and sales orders gradually increased thereafter.
In the end, the main market stock indices fell about 1.4% in London, about 0.6% in Paris and about 0.4% in Frankfurt in Germany, compared to the previous day's closing price. Meanwhile, the Italian market in Milan was up about 0.3%.
Market officials said, "Some voices have been concerned about the financial implications of the UK government's large-scale countermeasures against the new coronavirus in the London market. Psychology is getting colder. "