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European Markets Open Lower ahead of Euro Zone Data
Thursday, 21 May 2020 14:16 WIB | MARKET UPDATE |EropaSaham EropaStoxx Europe 600

European stocks opened lower on Thursday, ahead of flash purchasing manager's index (PMI) data for the euro zone, which will give an indication of activity in the region's manufacturing and services industry in May.

The pan-European Stoxx 600 fell 0.9% at the start of trading, with autos shedding 1.7% to lead losses as all sectors and major bourses slid into negative territory.

Aside from the PMI numbers from the euro zone, investors will also be following the latest coronavirus news. The World Health Organization said the number of newly-reported cases globally hit a daily record this week, despite authorities around the world attempting to ease lockdown measures put in place to curb the virus™ spread.

Source : CNBC

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