European stock indices witnessed collective losses at the end of weekly trading, as the European Stoxx 600 index recorded a significant decline at the close, falling by 0.7%, reflecting a general negative mood that dominated the market at the end of the week.
The German DAX and the British FTSE 100 fell by 0.8% each, showing the impact of increasing pressures on the German and British markets, as a result of the escalating economic challenges facing the European region.
In contrast, the Spanish IBEX was the least affected among its peers, falling only slightly by 0.2% at the close of trading, indicating some resilience in the Spanish market compared to other European indices.
In Italy, the FTSE MIB index closed down a moderate 0.5%, as the Italian market showed relative stability amid the volatility that affected other markets.
The French CAC 40 index was the most affected, suffering heavy losses of 1.2% by the end of trading, becoming the least performing European index for the day, reflecting weakness in the French market against the backdrop of ongoing economic concerns.