European shares falls for a third session, on concerns of recession

European stocks fell on early trading at Friday in the last session of the week, continuing losses for a the third consecutive session, on fears of economic recession in the eurozone, especially after the release of weak data on the manufacturing sector in Germany and France in March, with the uncertainty that surrounds the Brexit after a conditional EU's approval to postpone the scheduled departure of Britain to 12 April.

As of 08:54 GMT, Stoxx Europe 600 shed more than 0.9%, the index ended yesterday's session down by 0.1%, the second consecutive daily loss, with corrections continuing from a six-month high and under pressure of poor performance For the banking sector after the decisions of the US Central Bank.

Stoxx Europe index fell early on Friday's trading, at the week's last session, continuing its losses for the third session in a row, with most major stock exchanges and sectors in the red zone.

Preliminary data in Europe showed that Germany's Manufacturing PMI continued to stagnate in March for the third month in a row. as well as the French Manufacturing PMI which reached a recession this month for the first time in 2019.

S & P 500 futures fell by more than 0.3%. The index ended yesterday's session on Wall Street, up 1.1% to its highest level in five months.

Euro Stoxx 50 fell by 1.0%. while in France, CAC 40 index fell 0.95%. as well as Germany's DAX index losing 0.85%.

In London, FTSE 100 fell by more than 0.8%, after the European Union agreed to postpone Brexit until April 12. The delay extends to May 22, provided that the British parliament approves the plan of  PM "Theresa May" For the country's exit from the European Union.