European Indices Fell, Pressured By Technology Stocks

LONDON, (Pakistan Point News - 18th Jul, 2026) Most European stock indices declined at the close of trading on Friday, posting weekly losses, as investor sentiment weakened globally due to escalating tensions in the middle East and a broad sell-off in technology stocks.

The pan-European STOXX 600 index fell 0.41% to 641.09 points, heading for a slight weekly loss, after investors sold off semiconductor stocks amid concerns that their valuations had become too high following strong gains earlier in the year.

Germany's DAX index slipped 0.35% to close at 24,828.12 points, while Britain's FTSE 100 index was flat at 10,600.37 points. France's CAC 40 index also finished lower, down 0.47%, at 8,338.81 points.