Stock Markets and Index

week: The fifth consecutive week of losses would represent its worst period since May 2013, according to The Guardian. The global index has dropped by 9.5% since the start of the month, the second largest sell-off of the year following turmoil in February. The MSCI all-country world index, which tracks shares across stock markets in 47 developed and emerging countries, closed down 3.7% on Friday. MSCI index British companies on the FTSE 100 fell by 0.92%, with the index hitting its lowest level in seven months at one point on Friday, before recovering slightly to the lowest close since March. Germany's Dax index fell by 0.94% while France's Cac 40 lost about 1.29%. Shares across Europe have suffered from nerves around the Brexit negotiations, with UK government ministers still insisting that leaving the EU without a deal is a possibility. The share price of the steel producer Evraz fell by more than 6%. The grocery delivery firm Ocado lost 5%, while BT Group, Royal Bank of Scotland and Royal Mail all dropped by more than 4%. The slide was matched on Europe's other large markets. (news.financializer.com). As reported in the news.