Wednesday, May 25, 2022
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Europe shares close lower after ECB, BoE decisions

European equities closed lower on Thursday after both the European Central Bank (ECB) and Bank of England kept their interest rates at record lows.

ECB in focus

The pan-European provisionally closed down 0.5 percent at 1,314.52 points after eking out mild gains in the previous two sessions.

Stocks picked up speed with upbeat data from the euro zone, but comments from ECB President Mario Draghi dampened spirits. The French closed provisionally down 0.9 percent, while the German and the U.K. closed down unofficially 0.8 and 0.5 percent respectively.

(Read more: ECB and Bank of England rate decisions)

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