Led by a steep sell-off in luxury retailers, France's CAC lagged all regional bourses falling 2.2%. LVMH , Christian Dior, Hermes and Gucci owner Kering, which are heavily reliant on Chinese demand, fell more than 3%. - AFP
MUNBAI: Potential damage to business from China's fast-spreading coronavirus knocked more than 2% off European stocks on Monday, after the world's second biggest economy ramped up travel bans and extended the Lunar New Year holidays.
More than 97% of stocks in the STOXX 600 were trading in the red with many toppling from record highs, wiping out around 180 billion euros of market capitalisation from the European share index.
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