In Europe's major stock markets last year, stock prices plummeted in the second half due to the new coronavirus, but deals closed in the London and Paris markets without recovering to moderate levels.
The main European stock markets were the Frankfurt market in Germany on the 30th and the London and Paris markets on the 31st, with the last deal last year.
Last year, stock prices plummeted from February to March due to the impact of the spread of the new virus on economic activity, and stock indexes in each market temporarily fell by more than 30% from the end of the year.
However, after that, stock prices began to rise due to the expansion of monetary easing by central banks and economic measures in each country.
Last year's closing price of the stock index
rose by about 3.5% in the Frankfurt market
compared to the end of the year
.
On the other hand, the
London market
fell by
about 14.3% and the
Paris market by about 7.1%,
ending last year's transactions without recovering to the declining level due to the long period of restrictions on going out and economic activities.
Regarding the outlook for this year, market officials said, "As long as the current economic measures continue, stock prices will be supported. However, if the impact of the mutated virus on the economy is prolonged, the movement to avoid risks will increase. The market will depend on virus-related movements. "