Europe: Stocks sink at open as EU voting begins

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[LONDON] Europe's major stock markets fell in initial trading Thursday after losses elsewhere, as voting kicked off in European Parliament elections. Read more at The Business Times.

Europe's major stock markets fell in initial trading Thursday after losses elsewhere, as voting kicked off in European Parliament elections.[LONDON] Europe's major stock markets fell in initial trading Thursday after losses elsewhere, as voting kicked off in European Parliament elections.In opening deals, London's benchmark FTSE 100 index of leading blue-chip companies was down 0.5 per cent at 7,297.67 points.

"Gains for the populist and eurosceptic parties could set the cat among the pigeons in Brussels," cautioned Markets.com analyst Neil Wilson. "Risks to the downside are building and equity markets probably need to reprice to reflect the heightened risks from the deterioration in trade," added Mr Wilson.

 

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