European Stocks Close Lower, Dragged by Energy Sector Slump
Major European stock markets closed significantly lower, primarily due to a slump in energy stocks. Shell plc's share price dropped by 2.9% after cutting its share buyback program, leading to widespread declines in key indices.
📋 Article Processing Timeline
- 📰 Published: May 8, 2026 at 01:56
- 🔍 Collected: May 8, 2026 at 02:31 (35 min after Published)
- 🤖 AI Analyzed: May 8, 2026 at 02:42 (10 min after Collected)
Central News Agency
(Central News Agency London, 7th comprehensive foreign report) Major European stock markets closed sharply lower today, mainly dragged down by falling energy stocks. After Shell plc cut its share buyback program, its stock price once fell by 2.9%.
The London FTSE 100 index plunged 161.71 points or 1.55%, closing at 10276.95 points.
The Frankfurt DAX index fell 255.08 points or 1.02%, closing at 24663.61 points.
The Paris CAC 40 index dropped 97.34 points or 1.17%, closing at 8202.08 points. (Compiled by: Yang Zhaoyan) 1150508
Choose to stand with facts. Your every sponsorship is the power to protect press freedom.
Download the CNA 'First-hand News' APP to stay updated with the latest news in real time.
The text, images, and audio/video on this website may not be reproduced, broadcast, transmitted, or used without authorization.
(Central News Agency London, 7th comprehensive foreign report) Major European stock markets closed sharply lower today, mainly dragged down by falling energy stocks. After Shell plc cut its share buyback program, its stock price once fell by 2.9%.
The London FTSE 100 index plunged 161.71 points or 1.55%, closing at 10276.95 points.
The Frankfurt DAX index fell 255.08 points or 1.02%, closing at 24663.61 points.
The Paris CAC 40 index dropped 97.34 points or 1.17%, closing at 8202.08 points. (Compiled by: Yang Zhaoyan) 1150508
Choose to stand with facts. Your every sponsorship is the power to protect press freedom.
Download the CNA 'First-hand News' APP to stay updated with the latest news in real time.
The text, images, and audio/video on this website may not be reproduced, broadcast, transmitted, or used without authorization.