(RTTNews) – French stocks fell on Friday amid uncertainty about the speed of recovery and the evolution of the coronavirus pandemic.
China’s commercial output grew less than expected in July, while retail sales fell by 1.1% from last year, confusing expectations of a 0.1% increase, raising doubts about the country’s economic recovery from the coronavirus pandemic.
Thousands of others were interrupted by their holiday plans after the BRITISH government added France, Malta and the Netherlands to their coronavirus quarantine list.
France, the top popular destination after Spain for the British, warned that it would return in favour.
The CAC benchmark fell 117 points, or 2.32%, to 4,925 after falling 0.6% in the last session.
The Renault manufacturer fell 3% and Peugeot by 3.2%.
Banks BNP Paribas, Crédit Agricole and Societe Generale fell to 4%.
Travel shares fell, with Air France KLM falling by up to 5.7%.