OREANDA-NEWS. Trading on Wednesday, March 18, on European exchanges opened lower. The London Stock Exchange FTSE index fell 3.5% to 5110 points, the German DAX index also fell 3.5% to 8623 points at 10:22 Moscow time.

Negative sentiment on global sites persists due to the high rate of spread of coronavirus infection outside of China and the introduction of new restrictive measures around the world, analysts at Nordea Bank said.

The situation on global sites will remain very uncertain, and the risks of another panic wave of sales are still elevated, analysts say. Until the spread of coronavirus can be controlled, market sentiment may remain negative. In addition, the main US stock indices on Monday fall by 11% after a temporary suspension of trading, according to exchanges.