European stocks fell during trading today, Wednesday, today, as the European Stoxx 600 index fell by 0.1 percent, under pressure from the decline in energy stocks and the impact of lower oil prices, while the Financial Times 100 index rose by 0.3 percent.
As shares of European mining companies rose 0.6% as copper prices rose, hoping for a recovery in demand in the second largest economy in the world following China eased its strict restrictions related to Covid, while shares of energy companies fell by 0.8%, with the impact of lower oil prices.
Meanwhile, the Stoxx 600 Index is set to incur an annual loss of more than 12 percent as concerns regarding economic recession due to monetary tightening by central banks globally affected the European index.
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