European stocks decline amid concerns over the impact of the pandemic of coronavirus
European shares declined on Thursday amid concerns over the economic impact of the epidemic of the coronavirus, the number of victims increased up to 170 people.
Countries have begun to isolate hundreds of people evacuated from the Chinese city of Wuhan, in an attempt to contain the spread of the epidemic of the coronavirus.
the pan-European STOXX 600 fell by 0.89%. The German DAX was down by 0.98%. Britain's FTSE 100 was down 0.79 percent.
every major sector was trading in negative territory, led by mining sector, largely dependent on exports to China.
the energy Sector was under pressure, shares of Royal Dutch Shell, down 2.2%, after the company reported that quarterly profit was less than the forecasts amid falling prices for oil and gas.
the world health organization (who) announced that the emergency Committee will reconvene behind closed doors Thursday to decide whether the rapid spread of new virus from China a global emergency.