European markets lose more than 3.0 percent on virus fears

• In London, the FTSE index closed 3.3 percent lower, in Paris stocks were off by 3.9 percent.

In London, the FTSE index closed 3.3 percent lower, in Paris stocks were off by 3.9 percent, Frankfurt's main index was down by 4.0 percent and Milan saw a plunge of 5.4 percent.