European shares fell at the end of trading today, Thursday, the twenty-ninth of September, following the gains that were recorded in the markets on Wednesday faded following the decision of the Bank of England to intervene in the bond market.
At the end of the session, the STOXX600 index declined by 1.81% to 382 points.
While the German DAX fell by 1.71% to record 11975 points, while the British FTSE fell by 1.77% to 6881 points, and the French CAC fell by 1.53% at 5676 points.
The shares of the auto sector led the losses in the European Stock Exchange, as it fell by regarding 5%.
Economic data revealed that the inflation rate in Germany rose to 10% on an annual basis in September, the highest level since 1951.
Two ministers in the German government said that German companies and families should rationalize gas consumption more at a time when the country is engaged in an economic war with Russia.
Separately, British Prime Minister Liz Truss said that the recent turmoil in the British market was due to the Russian invasion of Ukraine, which caused inflation to rise around the world.
