Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 

Trackinsight: EURO STOXX 50 faces its worst monthly loss of the year

10/01/2021 | 09:30am EST

Losses were concentrated in the last two weeks of the month with 2.11% drop on September 20, and another 2.56% slip on September 28.

EURO STOXX 50 lost 3.53% in September, its worst monthly loss of the year and only the second after the 2.0% dip in January 2021. Losses were concentrated in the last two weeks of the month with 2.11% drop on September 20, and another 2.56% slip on September 28.

European shares shared fate with the global selloff as growing worries about slowing economic growth and rising inflation dented investor mood. Highlighting the index’s biggest losers in September, France’s Vivendi shed 66% of its market value after the spin-off of its Universal Music Group holding, while Spain’s electric utility company Iberdrola lost 18% during the same period as local government caps gas prices, which negatively effects the company’s profit.

ETFs tracking the EURO STOXX 50 Net Return Index lost more than 2.5% combined during September and witnessed more than €420 million in outflows.

Find and compare over 7,000 ETFs with our free tools:


ę www.trackinsight.com 2021
Latest news
08:17aFactbox-Tesla's Musk over halfway through his pledge with nearly $11 billion stake sale
RE
08:16aTucows named one of Greater Toronto's Top Employers for a second time
AQ
08:16aTimbercreek Financial Completes $40 Million Bought Deal Offering of Convertible Debentures
GL
08:16aTimbercreek Financial Completes $40 Million Bought Deal Offering of Convertible Debentures
GL
08:15aU.S. government could miss payments as soon as Dec. 21 -think tank
RE
08:15aSeneca named one of Greater Toronto's Top Employers for the 12th year in a row
GL
08:15aSeneca named one of Greater Toronto's Top Employers for the 12th year in a row
GL
08:12aEM flows tumble in November from year-ago record - IIF
RE
08:12aCAPSTONE GREEN ENERGY (NASDAQ : CGRN) Secures C600S Order for Use in Austrian Fiber Manufacturing Plant
PU
08:12aAPTORUM : Announces Results of 2021 Annual General Meeting of Shareholders - Form 6-K
PU
Latest news