{"id":215174,"date":"2021-12-15T11:00:30","date_gmt":"2021-12-15T11:00:30","guid":{"rendered":"https:\/\/www.bnreport.com\/?p=215174"},"modified":"2021-12-15T08:24:06","modified_gmt":"2021-12-15T08:24:06","slug":"european-stocks","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/european-stocks\/","title":{"rendered":"European stocks incur losses due to Omicron risks"},"content":{"rendered":"<p>European stocks have recorded a decline affected by the travel sector decline and the risks of the Coronavirus Omicron variant.<\/p>\n<p>Investors are also awaiting a set of monetary policy decisions that central banks will announce this week.<\/p>\n<p>After initial gains, the European benchmark Stoxx 600 index closed down 0.4%, in the fourth consecutive session of losses.<\/p>\n<p>European shares in travel companies fell 2.6%, due to concern about tightening restrictions on movement.<\/p>\n<h2>European stocks<\/h2>\n<p>This is after the United Kingdom announced the first death in the country due to Omicron, according to Reuters.<\/p>\n<p>On the <a href=\"https:\/\/www.google.com\/url?sa=t&amp;source=web&amp;cd=&amp;cad=rja&amp;uact=8&amp;ved=2ahUKEwjbo53Vq-X0AhXhg_0HHZa-DtsQFnoECAkQAQ&amp;url=https%3A%2F%2Fwww.londonstockexchange.com%2F&amp;usg=AOvVaw2TkhQOay4LB8FvMvdOkaFt\">London Stock Exchange<\/a>, the FTSE 100 and FTSE 250 indices closed down 0.8% and 1.2%, respectively, in their worst session in two weeks.<\/p>\n<p>The shares of travel companies in the United Kingdom, fell 3.5%.<\/p>\n<p>The European energy sector index closed down 1.6%, with oil prices falling due to Omicron concerns and associated restrictions.<\/p>\n<h2>British Airways<\/h2>\n<p>British Airways called on Prime Minister Boris Johnson to implement economic support measures to help the sector to face the new Omicron-related restrictions.<\/p>\n<p>The chiefs of British Airways, EasyJet and Ryanair said they were deeply concerned about the &#8220;haphazard and disproportionate&#8221; approach taken by London to travel restrictions.<\/p>\n<p>They demanded a set of economic support measures to help the sector overcome the crisis.<\/p>\n<p>On Monday, Johnson announced the death of at least one person from Omicron, as the country began an ambitious program to promote vaccines against it.<\/p>\n<p>\u201cSadly, at least one patient has been confirmed to have died with omicron,\u201d he told reporters, a day after warning the country was facing a \u201ctidal wave\u201d of infection, according to Agence France-Presse.<\/p>\n<p>In order to limit the massive outbreak of the Omicron mutant, Johnson again called on the British to work from home.<\/p>\n<p>The government is in a race against time to give booster doses of the vaccine before the end of the year.<\/p>\n<p>Official data also showed that Britain recorded, on Monday, 54,661 new cases of COVID-19, and 38 deaths from the disease.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks have recorded a decline affected by the travel sector decline and the risks of the Coronavirus Omicron variant. Investors are also awaiting a set of monetary policy decisions that central banks will announce this week. After initial gains, the European benchmark Stoxx 600 index closed down 0.4%, in the fourth consecutive session of [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":215184,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[1542,278,413],"class_list":["post-215174","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-europe","tag-featured","tag-uk"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>European stocks incur losses due to Omicron risks | BNReport<\/title>\n<meta name=\"description\" content=\"BNReport| European stocks have recorded a decline affected by the travel sector decline and the risks of the Coronavirus Omicron variant.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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