European stocks fell at the end of their trading Wednesday, as the European Stoxx 600 index fell by 0.1%, under pressure from the decline in energy stocks and the impact of lower oil prices, while the Financial Times 100 index rose by 0.3%. Shares of European mining companies rose 0.6% as copper prices rose, hoping for a recovery in demand in the world's second-largest economy after China eased its strict restrictions related to Covid, while shares of energy companies fell 0.8%, with the impact of lower oil prices. The Stoxx 600 index is heading for an annual loss of more than 12%, as concerns about economic recession, due to monetary tightening by central banks worldwide, affected the European index.
