European shares fall on second day as virus fears weigh on vaccine hopes
18.11.2020 -
Владимир Кулаков
European stocks fell on Wednesday as fears about additional economic damage and renewed restrictions due to rising coronavirus cases weighed on news about promising vaccine trial results.
The pan-European STOXX 600 fell for a second straight day after sliding 0.4%. Real estate .SX86P and energy stocks .SXEP dropped, while tech stocks .SX8P rose.
Britain’s RSA Insurance gained 3.8% to the top of the STOXX 600 index after the company announced that it received 7.2 billion pounds’ worth of cash from Canadian peer Intact Financial and Daniish insurer Tryg.
Deutsche Boerse climbed 0.8% after the stock exchange operator said it would acquire an 80% stake in corporate governance adviser Institutional Shareholder Services for nearly $1.8 billion.
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