European shares fall as Ukraine worries worsen

European shares tumbled on Thursday as the war in Ukraine entered its second month and Western countries stepped up aid to Kiev and increased sanctions on Moscow at a special NATO summit.

The pan-European STOXX 600 index closed down 0.21% at 453.07 points after struggling for direction throughout the day.

Banking shares fell 0.7%, while retail stocks were pressured by British clothing retailer Next, which lost 3.3% after lowering its sales and profit forecasts for 2022 to 2023.

  • In London, the Financial Times index advanced 0.09%, to 7,467.38 points;
  • In Frankfurt, the DAX index fell 0.07% to 14,273.79 points;
  • In Paris, the CAC-40 index lost 0.39% to 6,555.77 points;
  • In Milan, the Ftse/Mib index appreciated by 0.42%, at 24,401.48 points;
  • In Madrid, the Ibex-35 index registered a drop of 0.28%, to 8,305.10 points;
  • In Lisbon, the PSI20 index rose by 0.49%, to 5,802.97 points.

Source: CNN Brasil

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