FRANKFURT, Dec 10 ― European shares ended lower yesterday, pressured by Covid-19 worries with highly valued technology stocks continuing their slide while falling oil prices weighed on energy companies.
Oil prices slipped as a ratings downgrade for two Chinese property developers stoked fears over the economic health of the world's biggest oil importer, adding to worries. Next week, the European Central Bank is seen maintaining its transitory inflation stance, strategists at Rabobank said. Fashion retailer LPP jumped 14.7 per cent hitting an all-time high after the Polish clothing company reported better-than-expected third-quarter results.
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