Europe: Stocks drop as London hit by Brexit delay speculation

Europe: Stocks drop as London hit by Brexit delay speculation Tue, Feb 26, 2019 - 4:40 PM European stocks fell in initial trade on Tuesday, with London down as the pound rallied on speculation over a possible Brexit delay, dealers said.

European stocks fell in initial trade on Tuesday, with London down as the pound rallied on speculation over a possible Brexit delay, dealers said. In opening deals, London's benchmark FTSE 100 index of major blue-chip companies sank 0.7 per cent to 7,132.56 points, compared with the closing level on Monday. The stronger pound weighs on London-listed multinationals whose earnings abroad are converted back into sterling. In the eurozone, Frankfurt's DAX 30 index dipped 0.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Europe: Margins in focus as results drive big swings in European stocks[LONDON] Europe's main share benchmarks rose marginally on Friday but company results including Sweden's Elekta and France's Sopra Steria drove big swings in stocks as investors awaited news from crucial US-China trade talks. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Investment climate, not security, poses main risk of 5G delay in Europe - EricssonEurope risks falling behind other regions in rolling out 5G mobile services because of onerous regulation and weak investment, not due to concerns ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Investment climate, not security, poses main risk of 5G delay in Europe: EricssonBARCELONA: Europe risks falling behind other regions in rolling out 5G mobile services because of onerous regulation and weak investment, not due ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »