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16:35
The European STOXX 600 index provisionally closed down 0.90%, at 582.23 points.
The Eurozone STOXX 50 index provisionally closed down 1.18% at 5,582.53 points. The FTSE Eurotop 300 index provisionally closed down 1% at 2,322.21 points.
16:34
Germany DAX 30 Index closed down 1.28% at 22,662.81 points
The French stock index provisionally closed down 0.52%, the Italian stock index provisionally closed down 0.62%, the banking index fell 1.55%, and the UK stock index provisionally closed down 1.18%.
16:32
Analysis: Institutional Investors Sold Off $11 Billion in US Stocks Last Week, Shifting to a Wait-and-See Approach
BlockBeats News, March 27: The Kobeissi Letter stated, "Institutional investors net sold $11 billion in US stocks last week, marking the largest weekly sell-off in nearly 5 weeks. In the preceding three weeks, institutions had been net buyers, with a total scale of $12.6 billion." Meanwhile, hedge funds net bought $1.8 billion in US stocks, ending four consecutive weeks of selling; retail investors net sold $80 million, marking the third net selling in the past 10 weeks. Overall, US stocks saw a net outflow of $9.3 billion last week, higher than the $1 billion outflow from the previous week, bringing the cumulative outflow over the past 16 weeks to $25.5 billion. Among them, individual stock outflows reached $8.3 billion, marking the fourth largest weekly outflow since 2008; ETF outflows were $1.1 billion, the highest in nearly 6 months. Institutional investors are gradually shifting to a wait-and-see position."
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