The titles of German banks also plunged on the Frankfurt Stock Exchange, the title of Deutsche Bank losing nearly 10%, weighed down by the same concerns. At 08:22 GMT, the title of Deutsche Bank plunged 9.85%, while Commerzbank, Germany’s second bank, lost 6.12%, after the American banking group SVB Financial Group has announced measures to increase its liquidityafter customer withdrawals.
Overall, the Paris stock exchange lost 1.67% to 7,193.37, the Frankfurt Stock Exchange yielded 1.69%, and the London Stock Exchange 1.33%.
There Brussels Stock Exchange did not escape the general fall, the Bel 20 dropping 1.87% to 3,751.21 points. Sofina led the losses with a decline of about 7.5% for its share. The holding company also has interests in the US technology sector. The bank insurer KBC lost him, more than 4%. All stocks in the flagship index were trading in the red except for Argenx.
