UPDATE 2-European stocks edge up for the day, but mark worst quarter in 18 years [Reuters]
NOKIAN TYRES PLC UNSP/ADR (NKRKY)
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Source: Reuters
UPDATE 2-European stocks edge up for the day, but mark worst quarter in 18 years * “I still fear this is just a rally in a bear market”- analyst * STOXX 600 down 23% for qtr, marks worst month ever * Italian stocks mark worst quarter ever, down 27% * Travel and leisure sector worst qtrly performing sector (Updates to close) By Ambar Warrick and Sagarika Jaisinghani March 31 (Reuters) - European stock markets ended higher after sporadic moves on Tuesday, clocking their worst quarter in nearly 18 years following a brutal sell-off on the heels of the coronavirus outbreak. The pan-European STOXX 600 index closed up 1.7% for the day, having earlier sunk into negative territory before settling below intraday highs. Markets took some support from a drop in new cases in Italy, the worst hit country in Europe. For the quarter, the STOXX 600 lost 23%, or $2.8 trillion, with a bulk of losses happening over March, its worst month on record, as the rapid spread of the coronavirus and the subsequen
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