European shares have edged lower as escalating shipping concerns in the strategic Strait of Hormuz dampened investor sentiment, while market participants assessed a wave of corporate earnings reports, Reuters reports.

The pan-European STOXX 600 index declined 0.2pc to 612.98 points as of 07:18am GMT, reflecting broader market caution.

Most of the major regional markets mirrored this downward trend, with Germany’s DAX and London’s FTSE 100 dropping 0.2pc and 0.5pc, respectively.

Screengrab from stoxx.com
Screengrab from stoxx.com

Opinion

Trouble at home

Trouble at home

The country’s strength lies in its political and economic stability, not in fleeting moments of diplomatic success.

Editorial

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