08.04.2026, 07:06
European stock markets fell on Tuesday
Source: OREANDA-NEWS
OREANDA-NEWS Stock indexes of the largest Western European countries ended trading in the red on Tuesday, as investors assessed statistical data and the situation in the Middle East.
The British FTSE 100 indicator lost 0.84%, the German DAX - 1.06%, the French CAC 40 - 0.67%, the Italian FTSE MIB - 0.47%, the Spanish IBEX 35 - 0.64%.
On Wednesday night, the deadline set by US President Donald Trump for concluding an agreement on the settlement of the conflict with Iran expires. A few hours before the ultimatum expired, Trump threatened Tehran with the destruction of "an entire civilization." Iran responded by cutting off all direct and indirect diplomatic contacts with Washington.
As it became known on Tuesday, the final value of the March purchasing managers' index (PMI) in the eurozone services sector, calculated by HCOB and S&P Global, was the lowest 50.2 points since May last year, compared with 51.9 points in February. The consolidated eurozone PMI dropped to 50.7 points from 51.9 points a month earlier.
An index value above 50 points indicates an increase in business activity. The composite PMI has been holding above this level since the beginning of 2025.
The composite PMI in Germany fell to 51.9 from 53.2 points last month, in France to 48.8 from 49.9 points, in Italy to 49.2 from 52.1 points. In Spain, the indicator rose to 52.4 from 51.5 points.
Universal Music Group showed the most active growth among the Stoxx 600 components. The shares of the recording studio soared by 11.4% on the news that Pershing Square investment company wants to buy it for 9.4 billion euros.
Italian defense company Leonardo became the leader of the fall (-8.1%) amid news about the intention of the Italian government to replace its CEO.
Oil and gas company BP Plc increased its market value by 1.1%, Shell - by 0.7%. TotalEnergies decreased it by 0.2%.
The capitalization of the Dutch semiconductor company ASML decreased by 4.1% due to the plans of the American Congress to further restrict the export of advanced technologies to China.
The British FTSE 100 indicator lost 0.84%, the German DAX - 1.06%, the French CAC 40 - 0.67%, the Italian FTSE MIB - 0.47%, the Spanish IBEX 35 - 0.64%.
On Wednesday night, the deadline set by US President Donald Trump for concluding an agreement on the settlement of the conflict with Iran expires. A few hours before the ultimatum expired, Trump threatened Tehran with the destruction of "an entire civilization." Iran responded by cutting off all direct and indirect diplomatic contacts with Washington.
As it became known on Tuesday, the final value of the March purchasing managers' index (PMI) in the eurozone services sector, calculated by HCOB and S&P Global, was the lowest 50.2 points since May last year, compared with 51.9 points in February. The consolidated eurozone PMI dropped to 50.7 points from 51.9 points a month earlier.
An index value above 50 points indicates an increase in business activity. The composite PMI has been holding above this level since the beginning of 2025.
The composite PMI in Germany fell to 51.9 from 53.2 points last month, in France to 48.8 from 49.9 points, in Italy to 49.2 from 52.1 points. In Spain, the indicator rose to 52.4 from 51.5 points.
Universal Music Group showed the most active growth among the Stoxx 600 components. The shares of the recording studio soared by 11.4% on the news that Pershing Square investment company wants to buy it for 9.4 billion euros.
Italian defense company Leonardo became the leader of the fall (-8.1%) amid news about the intention of the Italian government to replace its CEO.
Oil and gas company BP Plc increased its market value by 1.1%, Shell - by 0.7%. TotalEnergies decreased it by 0.2%.
The capitalization of the Dutch semiconductor company ASML decreased by 4.1% due to the plans of the American Congress to further restrict the export of advanced technologies to China.
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