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Europe stocks close Thursday with losses

Major indices on European stock exchanges closed on Thursday looking down with diminished consumer confidence in Germany due to rising COVID-19 cases and concern over Friday’s Jackson Hole symposium.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, slipped 1.5 points, or 0.32%, to 470.34.

Germany’s DAX 30 fell 67.04 points, or 0.42%, to 15,793.

Market research institute GFK revealed that Germany’s consumer sentiment index decreased 1.2 points in September, worse than market expectations.

Italy’s FTSE MIB went down 198.75 points, or 0.76%, to 25,861 while Spain’s IBEX 35 lost 84.7 points, or 0.94%, to 8,892.

London’s FTSE 100, fell 25.14 points, or 0.35%, to 7,125, while the French CAC 40 declined 10.45, or 0.16%, to 6,666.

Source: Anadolu Agency