The main index of European shares closed lower on Wednesday (25), influenced by the decline in technology stocks, which followed the sector’s performance on Wall Street.
The index FTSEurofirst 300 of top European shares closed down 1.08%, to 1,586 points, moving away from the highest level in seven and a half reached last week.
The STOXX Europe 600 Technology Index fell 2.94%, with traders citing concerns with weak computer sales, which weighed on the technology sector in the United States.
The role of the British chipmaker ARM fell 6.1%, while the Dutch producer of semiconductor ASML fell 5.5%. The German DAX, which had reached a record high of 12,219 points last week, also fell in this session.
On Wednesday, data showed that Germany’s corporate confidence rose for the fifth straight month in March, reaching the maximum since July 2014, while confidence in France remained at the highest level in almost three years in March.
On Tuesday, data showed that the private sector in Germany grew in March at the best pace since July.
However, strong numbers over Germany contributed to the recovery of the euro, which negatively impacted the DAX, a weaker euro helps German exports.
In London the Financial Times index fell 0.41% to 6,990 points.
In Frankfurt the DAX index fell 1.17% to 11,865 points.
In Paris, the CAC index -40 lost 1.32% to 5,020 points.
In Milan, the FTSE / Mib index had depreciated by 0.81% to 23,145 points.
Located in Madrid, Ibex-35 index recorded low of 0.99%, to 11,464 points.
In Lisbon, the PSI 20 index depreciated by 0.85% to 6,015 points.
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