European stock markets have seen a massive sell-off, losing 1.162 trillion euros in market capitalization over the first fifteen days of the ongoing conflict, with the Stoxx 600 index falling 6%.
Massive Capitalization Loss
European markets lost 1.162 trillion euros in market value during the first two weeks of the war.
Stoxx 600 Decline
The Stoxx 600 index fell by 6% over fifteen days, closing at 595.85 points.
Energy Prices Surge
Oil prices spiked with Brent crude exceeding 100 dollars per barrel and WTI rising over 3%.
Major Indices in Red
Key indices in Milan, Paris, London, Frankfurt, and Madrid all closed lower on Friday.
European stock markets lost 1.162 trillion euros in market capitalization during the first two weeks of the ongoing war. The Stoxx 600 index, which tracks the largest companies across the continent, fell by 6 percent over fifteen days to reach 595.85 points. On Friday, March 13, 2026, the majority of European bourses ended the trading session in negative territory. This downward trend reflects sustained investor anxiety regarding the geopolitical conflict. The total loss represents a significant erosion of value for continental investors since the start of hostilities. Market analysts noted that the volatility has been persistent throughout the two-week period. 1.162 (trillion euros) — market capitalization lost in two weeks of war
The FTSE MIB in Milan closed 0.31 percent lower at 44,316 points. Several major industrial players contributed to the decline in the Italian capital, including the automotive group Stellantis and the shipbuilding company Fincantieri. The cable manufacturer Prysmian also weighed on the Milanese market during the final session of the week. In Paris, the CAC 40 experienced a sharper decline of 0.91 percent to finish at 7,911 points. Frankfurt's DAX fell by 0.6 percent to 23,447 points, while the IBEX 35 in Madrid dropped 0.47 percent to 17,059 points. London's FTSE 100 also saw a decrease of 0.43 percent, closing at 10,261 points. European Indices Close - March 13, 2026: . ; . ; . ; . ; .
Energy prices surged as equity markets struggled, with Brent crude oil exceeding 100 dollars per barrel. In New York, West Texas Intermediate (WTI) oil closed with a gain of 3.36 percent. The rise in energy costs added further pressure to global markets already dealing with the economic consequences of the war. Across the Atlantic, Wall Street showed signs of weakness during the Friday session. The Nasdaq composite was losing nearly 0.7 percent of its value as European markets closed. Meanwhile, the Dow Jones Industrial Average hovered around parity, showing little change. The Stoxx 600 index was established in 1998 to provide a broad yet liquid representation of the European market. It includes a fixed number of 600 components from 17 European countries. Historically, energy price spikes above 100 dollars have coincided with periods of significant geopolitical instability or supply chain disruptions. The Borsa Italiana, where the FTSE MIB is traded, was privatized in 1997.