European stock markets ended lower Thursday but above their lows of the day while Wall Street limited its decline, investors relativizing the impact of the sharp rise in the number of deaths and infections due to the coronavirus Covid-19 in China.
This announcement has taken the opposite view from the markets carried in recent days by optimism about the evolution of the epidemic and has favored a fall in the usual safe haven values.
In Paris, the CAC 40 shows in closing a decline of 0.19% (11.59 points) to 6,093.14 points after having sold up to 1.25% in the morning. In London, the FTSE 100 lost 1.09% and in Frankfurt, the Dax limited its decline to 0.03%.
The EuroStoxx 50 index lost 0.2%, the FTSEurofirst 300 0.22% and the Stoxx 600 posted only a symbolic drop of 0.02%.
The latter had gained 1.6% over the previous three sessions and registered a historic high on Wednesday, thanks in part to hopes for a stabilization of the coronavirus epidemic in China, the first step towards the end of the health crisis that threatens global growth.