LONDON: European stocks dropped after ECB president Mario Draghi said it will assess the need for further stimulus early next year, putting an end to speculation that it would take more immediate action.
Hopes that the central bank would embark on a government bond-buying scheme have been fuelling a strong rally in European shares in the past few weeks. The ECB also lowered its forecasts for euro zone inflation and gross domestic product through 2016. Banks, mining stocks and energy companies all declined.
The Dublin market went against the general trend, as Ryanair’s share price soared and sent the Iseq index to its highest level since June 2008.
shanghai shares start week with losses 25 june 2018
Hong Kong, (UrduPoint / Pakistan Point News - 25th Jun, 2018 ) :Hong Kong and mainland Chinese stocks fell on...
