News Formal

European stocks slide at open | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 86%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

LONDON, May 4 — Europe’s stock markets sank at the open today on simmering US-China tensions, with Frankfurt and Paris falling far more sharply than London after a long holiday weekend. Asia also suffered steep losses, tracking heavy pre-weekend falls on Wall Street, after US President Donald...

A pedestrian in protective suit rides an escalator near an overpass with an electronic board showing stock information at Lujiazui financial district in Shanghai March 13, 2020. — Reuters pic

Asia also suffered steep losses, tracking heavy pre-weekend falls on Wall Street, after US President Donald Trump sparked fears of a renewed trade war with China over its role in the coronavirus pandemic. Outside the eurozone, London’s FTSE 100 index lost almost 0.6 per cent to 5,730.60 points compared with the closing level on Friday.

“Equities in Europe opened sharply lower, as expected. Losses in the FTSE were less than the rest of the European continent, but the investor mood points at further losses throughout the session,” she added.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

Saudi stocks dive after finance minister vows ‘painful’ measures | Malay MailDUBAI, May 3 — Saudi shares slumped 6.8 per cent as trading opened today, a day after the finance minister announced “painful” measures to tackle the economic impacts of the coronavirus pandemic. Almost all the listed stocks on the Arab world’s largest bourse were in the red just minutes...
Source: malaymail - 🏆 1. / 86 Read more »