Last Week on Euronext: CAC 40, AEX and BEL 20 End Lower as Oil Shock Hits Europe
Euronext’s top indexes finished the week ended March 6 in the red, part of a broader European rout that marked the region’s sharpest downturn in nearly a year. Concerns over the conflict in the Middle East sent oil prices climbing and clouded hopes for imminent rate cuts. According to Euronext, the CAC 40 settled at 7,993.49, down 0.65% for the session. The AEX dropped 1.52% to close at 980.34, while the BEL 20 slipped 1.24% to 5,194.95. Higher costs for oil and liquefied natural gas, both mostly brought in from abroad, continue to weigh on the euro zone—growth and inflation can take a hit at the same time. Euronext, with its reach across Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and