CAC40 and Euro Stoxx 50 fall by more than 1%

Major European stock exchanges were sluggish on Thursday, as if influenced by Wall Street sales amid a succession of financial results announcements. AstraZeneca, Lloyds, Total Energy, Unilever, etc. announced quarterly financial results. Meanwhile, business confidence in Germany is attracting attention in the data.

At the start of the session, CAC40 plummeted 1.37%, and ST Microelectronics plummeted 8.44% at 9:01 a.m. CET.

DAX fell 0.88% at 9:00 a.m. (CET), and Airbus fell 1.09% a minute later.

The Euro Stoxx 50 stock index plummeted 7.86% at 9:01 a.m. (Central European Standard Time) and fell 1.20%.

The FTSE 100 stock index started with a 0.46% drop, and Fresnillo fell 3.87% at 9:02 a.m. (Central European time).

The euro remained flat against the dollar at 8:59 a.m. Central European time and closed at 1.08365. At the same time, the pound traded 0.17% against the dollar at 1.28851.