European stocks fall by more than 1%

London, April 16 / WAM / European stock indices fell collectively during today’s trading, recording declines exceeding 1%.

By 1:45 pm UAE time, the European Stoxx 600 index fell by 1.32%, or the equivalent of 6.7 points, to reach the level of 499.26 points.

The German DAX index fell by 1.3%, or 245 points, to reach 17,778.72 points, while the Euro Stoxx 50 index fell by 1.27%, or 63 points, to reach 4,921.15 points.

The French CAC 40 index fell by about 94 points, or 1.18%, to reach 7,950.51 points, and the British FTSE 100 index fell by about 1.45%, or 115 points, to reach 7,850.2 points.

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