Mining shares pay the European index to decline

Mining shares pay the European index to decline

The European Stoxx 600 index closed on a decline today, Thursday, as the decreases in the shares of mining and health care companies overwhelmed the Siemens Engineering and Technology Group gains, which helped the German index to outperform its regional counterparts.
The European Stoxx 600 index fell 0. 4%, but it remained 3.

9% this month, and on its way to achieve gains for the second month in a row due to several factors, including better profits than expected despite fears of recession in the euro area.
The German index ended the transactions, up 0. 2%, driven by a jump in the share of Siemens by 7% after it announced positive results for the fourth quarter, and gave an optimistic overview of the future industrial demand.
The European Basic Resources Index fell 1.

7 % to lead the sector’s indicators to drop after the decrease in the prices of basic metals in the face of the dollar’s rise..

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